GDP can be calculated by totaling either the

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GDP can be calculated by totaling the market values of all final goods and services, or the values added at all stages of production. This means that only the value of the final good or service should be counted, not the value of any intermediate goods used in the production process. Additionally, the value added at each stage of production should be counted to avoid double-counting. This method is known as the value-added approach and is preferred by economists.

GDP Can Be Calculated by Totaling Either the