Follows-up: Question a), is it independent that purchase has been made in a tax free place, is it recorded anyway or only final value or value added for sale of wine will be recorded? Please confirm you answer Question b), shouldn't we be careful that it is not accounted again for having been product of buildings that were demolished, avoiding double counting and only include in GDP added value of new building since land already exists? Please confirm your answer
Follows-up:
Question a), is it independent that purchase has been made in a tax free place, is it recorded anyway or only final value or value added for sale of wine will be recorded? Please confirm you answer
Question b), shouldn't we be careful that it is not accounted again for having been product of buildings that were demolished, avoiding double counting and only include in GDP added value of new building since land already exists? Please confirm your answer
Gross Domestic Product (GDP) is a key economic indicator that measures the total monetary value of all final goods and services produced within a country's borders in a specific time period, usually annually or quarterly. It is one of the most important and widely used measures of a country's economic performance and the size of its economy.
GDP provides valuable insights into the overall economic health and size of a country's economy. It can be used to compare the economic performance of different countries, track economic growth or contraction over time, and guide economic policy decisions. Additionally, GDP can be broken down into components to analyze the contributions of various sectors and expenditures to economic activity.
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