what are the 4 excluded from gdp Census AFrer FOXES9.O atio measurestrmeratictor capirai em10.measure oreconómiceerromance thatPopulation PyraLanor Productivity11.amouritOt goocl and servicePart II. Not Included in GDP.• SecondHand SalesDescription:Description:ming/orsellinghingsaireaybeenuseExcladed From GDPDescription:Description:

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what are the 4 excluded from gdp

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

what are the 4 excluded from gdp

Census AFrer FOXES
9.
O atio measurestrmeratictor capirai em
10.
measure oreconómiceerromance that
Population Pyra
Lanor Productivity
11.
amouritOt goocl and service
Part II. Not Included in GDP.
• Second
Hand Sales
Description:
Description:
ming
/orselling
hingsaireay
beenuse
Excladed From GDP
Description:
Description:

Expert Solution

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Answer:

Introduction:

GDP (Gross Domestic Product): GDP refers to the total value of final goods and services produced within the domestic territory of a country in a year.

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