Why does GDP accounting include only the final value of goods and services produced? What would be

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Why does GDP accounting include only the final value of goods and services produced? What would be the problem if intermediate products were included?

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Core Macroeconomics

ISBN: 978-1464191435

3rd edition

Authors: Eric Chiang

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Question Posted: Dec 08, 2015 05:45 AM

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Why does GDP accounting include only the final value of goods and services produced? What would be

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GDP accounting adds up only the final value of goo...View the full answer

Core Macroeconomics

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