Gross domestic product includes:

Question

Quizplus · Accepted Answer

Gross domestic product (GDP) only includes the value of final goods and services produced within a country's borders during a specific time period (usually a year). Intermediate goods are not included in GDP because their value is already included in the price of final goods. Foreign goods are also not included in GDP, only domestic production is counted. Similarly, used goods are not counted in GDP as they have already been previously counted.

Gross Domestic Product Includes