Exercise 2:
i. Why is the Value-Added Method used as an alternative
method to calculate GDP?
ii. What...
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Economics
Exercise 2:
i. Why is the Value-Added Method used as an alternativemethod to calculate GDP?
ii. What is the difference in computing the value ofpublic service and private good?
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3.8 Ratings (720 Votes)
I GDP means the gross domestic product produced in a country in a financial yearWe can say it is monetary measurement of all the goods produced in a country Value added method used to calculate how much value is added in a goods or services in
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