Top Posters
Since Sunday
j
7
s
7
6
e
6
6
b
6
f
6
s
6
6
j
5
n
5
p
5
New Topic  
xiaily xiaily
wrote...
Posts: 65
Rep: 0 0
A month ago
Why are the values of inputs not included in the calculation of the GDP?
Textbook 

Macroeconomics


Edition: 3rd
Authors:
Read 2 times
1 Reply
Replies
Answer verified by a subject expert
ryan_navarro5ryan_navarro5
wrote...
Posts: 69
Rep: 0 0
A month ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
The GDP of a country is the market value of the final goods and services produced in the country during a particular year. As the market value of final goods includes the value of raw materials, counting inputs separately would result in double counting.

1

Related Topics

xiaily Author
wrote...

A month ago
Thanks
wrote...

Yesterday
Helped a lot
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  110 People Browsing
 460 Signed Up Today
Related Images
  
 205
  
 151
  
 193
Your Opinion
Do you believe in global warming?
Votes: 345

Previous poll results: What's your favorite coffee beverage?