2.
GDP is
defined as the market value of all final goods and services produced within a
country in a...

Question

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)

Robert · Accepted Answer

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:

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...

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