In your own words explain why when using the expenditure


In your own words, explain why when using the expenditure method for determining GDP do we not include expenditure on intermediate goods, butwhen using the income method, we use the income of factors of production for both intermediate and final goods production?

Solution Preview :

Prepared by a verified Expert
Business Management: In your own words explain why when using the expenditure
Reference No:- TGS01633646

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)