2. GDP isdefined as the market value of all final goods and services produced within acountry in a given period of time. In spite of this definition, some productionis left out of GDP. Explain why...

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2.

GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Explain why some final goods and services are not included. (4 marks)



Answered Same DayDec 20, 2021

Answer To: 2. GDP isdefined as the market value of all final goods and services produced within acountry in a...

Robert answered on Dec 20 2021
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2. GDP is defined as the market value of all final goods and services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Explain why some final goods and services are not included. (4 marks)
The goods that are left out include:
· Goods...
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