carriganlee5142 carriganlee5142
  • 11-03-2018
  • Business
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The dollar value of final goods and services only is counted in gdp because:

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MrsTriplet MrsTriplet
  • 23-03-2018
When calculating the GDP, Gross Domestic Product, only the dollar value of the final good or service is counted. This is because the dollar value already covers the cost of production and other intermediate items that were used to make the final product. By doing this, they ensure that the costs are only calculated once. 
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