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egoroff_w [7]
3 years ago
10

We use wood to make tables, we we calculate GDP we include the sales of the wood to the table manufacturer.

Business
1 answer:
pickupchik [31]3 years ago
3 0

The GDP is calculated when the sales of the wood to the table manufacturer is True.

Explanation:

  • The wood is used to manufacture tables, the GDP is calculated when we include the sales of wood to the manufacturer table is true.
  • The sales of the product that are product outside the country or domestic border is not considered as the Gross Domestic product.
  • As the names GDP itself implies about the confinement within the domestic borders.
  • Where as, the illegal sales of good are known as the black market.
  • GDP also shows that what a country is good at producing a product to uplift economy.
  • The GDP is accountable for the country's total economic output each year.
  • All the households, durable and non-durable items, basic necessities all these expenditures are included as GDP is the monetary value of all final products and services provided.

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