Ask Experts Questions for FREE Help !
Ask
    destineeramos's Avatar
    destineeramos Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Oct 29, 2015, 05:53 AM
    GDP
    Only final goods are counted when GDP is measured
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
    Expert
    		  
    #2

    Oct 29, 2015, 06:11 AM
    What are "final" goods? I'm guessing you mean "finished" goods. Hint: what other types of things do people and companies sell besides finished goods, and do they create positive activity for the economy?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Gdp [ 2 Answers ]

Although GDP is the most widely reported measure of a nation's overall economic well-being,but it is also stated that it is a "less-than-pefect" measure. Explain

How GDP works [ 0 Answers ]

If a country only puts a minium in there GDP, and puts the rest into a 6% banks interest fund. Would that stop there dollar from going up, So they could have a cheapish dollar, but a decent GDP, & they could keep there dollar low, & can export more stuff at same time. So it would keep the...

View more questions Search