Top Posters
Since Sunday
28
o
8
C
6
d
6
A
5
H
5
n
4
t
4
d
4
p
4
r
4
s
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
xiaily xiaily
wrote...
Go to Answer
Posts: 72
Rep: 0 0
3 months ago
Why are the values of inputs not included in the calculation of the GDP?
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 5 times
1 Reply
Replies
Answer verified by a subject expert
ryan_navarro5ryan_navarro5
wrote...
#1
Posts: 75
Rep: 0 0
3 months 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...

3 months ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
mambah4
wrote...

Yesterday
This site is awesome
jblazah
wrote...

2 hours ago
Helped a lot
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  278 People Browsing
 287 Signed Up Today
Start New Topic Take the Tour Study Tips Study ToolsNew Topics Trending Browse by Textbook
Related Images
  
 207
  
 185
  
 107
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 172
Previous poll results: Do you trust social media networks with protecting your privacy?