Gross domestic product (GDP)includes:

Name: Gross domestic product (GDP)includes:
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Question

Quizplus · Accepted Answer

GDP includes only final goods and services, which are finished products that are purchased by the end user and are not used to produce other goods. Used goods and intermediate goods, which are used in the production process, are not included in GDP. Newly produced foreign goods are included in GDP only if they are produced within a country's borders.

Gross Domestic Product (GDP)includes