Why is the intermediate goods not taken for the calculation of GDP? – InterviewSolution

InterviewSolution

1.	Why is the intermediate goods not taken for the calculation of GDP?
Answer» Explanation:Intermediate Goods and Gross Domestic Product (GDP) GDP is a measurement of the market value of all final goods and services produced in the economy. The reason why these goods are not part of the CALCULATION is that they WOULD be COUNTED twice.

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