If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods

Question

Kitty [74]

11 months ago

13

If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods

, this would:________

Business

1 answer:

Darya [45] · Answer 1 · 2024-07-14T19:13:20+03:00

If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods, this would: overstate the actual value of GDP.

<h3>What is meant by GDP?</h3>

This is the term that has to do with the Gross domestic product. It is the amount of goods and services that are produced in a given economy at a particular period of time which could be in one year.

We have to conclude that If in the process of calculating gdp, the market value of all intermediate goods is added to the market value of all final goods, this would: overstate the actual value of GDP.

Read more on GDP here: brainly.com/question/1383956

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