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why do national income. accountants includes only final. good in measuring GDP for a particular year?why dont they include the value of the stocks and bonds bought and sold?why dont they include the value of the used furniture bought and sold? |
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Answer» Answer: This value is not included in GDP because such SALES and purchases simply transfer the ownership of existing assets; such sales and purchases are not themselves (ECONOMIC) investment and thus should not be counted as production of FINAL GOODS and SERVICES. |
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