Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 02 Oct 2017 My Price 3.00

intermediate goods

(National Income Accounting) According to Exhibit 8 in this chapter, GDP can be calculated either by adding expenditures on final goods or by adding the allocations of these expenditures to the resources used to produce these goods. Why do you suppose the portion of final goods expenditures that goes to pay for intermediate goods or raw materials is excluded from the income method of calculation?

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Maurice Tutor
(5)
Status NEW Posted 02 Oct 2017 06:10 PM My Price 3.00

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