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18 January, 18:44

We use wood to make tables, we we calculate GDP we include the sales of the wood to the table manufacturer.

O True

O False

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Answers (1)
  1. 18 January, 18:58
    0
    The GDP is calculated when the sales of the wood to the table manufacturer is True.

    Explanation:

    The wood is used to manufacture tables, the GDP is calculated when we include the sales of wood to the manufacturer table is true. The sales of the product that are product outside the country or domestic border is not considered as the Gross Domestic product. As the names GDP itself implies about the confinement within the domestic borders. Where as, the illegal sales of good are known as the black market. GDP also shows that what a country is good at producing a product to uplift economy. The GDP is accountable for the country's total economic output each year. All the households, durable and non-durable items, basic necessities all these expenditures are included as GDP is the monetary value of all final products and services provided.
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