Question

Gdp does not directly include:

Answer 1

GDP does not include all productive activity directly.

The market worth of all the final goods and services produced and sold (not resold) in a certain time period by countries is measured in dollars using the term "gross domestic product" (GDP). This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.

GDP = private consumption + gross private investment + government investment + government spending + (exports – imports). GDP is usually calculated by the national statistical agency of the country following the international standard.

The GDP does not account for all productive activities.

Unpaid work (such as that done at home or by volunteers) and black market operations, for instance, are excluded since it is difficult to evaluate and precisely value them.

To know more about GDP, refer to this link:

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