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Gross domestic product understates the total production of final goods and services because of the omission of?
Wiki User
∙ 12y ago
household production
Wiki User
∙ 12y ago
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The dollar value of all final goods and services and the most comprehensive measure of a country's total production value is?
(GDP) Gross Domestic Product.
Which of these is the best description of the Gross Domestic Product?
the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What is domestic consumption?
The domestic economy is the total of what is bought and sold within the borders of a nation. It includes both goods and services.
What is the GDP?
GDP - Gross Domestic Product GDP is a measure of the wealth of a country. It is worked out by dividing the total of the money by what a country gains from the production of goods and services by it's population. GDP is measured in US Dollars - $
The dollar value of all final goods and services and the most comprehensive measure of a country's total production value is?
(GDP) Gross Domestic Product.
Which of these is the best description of the Gross Domestic Product?
the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production
What do you consider before starting domestic services in a developing country?
what do you mean by "starting domestic services"? do you mean a company?
Which of theses is the best description of the gross domestic product?
the value of all final goods and services produced within a nation in a given year plus income earned by its citizens abroad, minus income earned by foreigners from domestic production
What does the US depend on to make money?
Generally speaking, the question is to broad for a comprehensive answer on such a site as this. However, in terms of gross domestic production it can be said that the US economy relies on production or goods and services as well as the servicing of debt to make money.
When was Andrew Gould with Drilling and Production Services?
1982-1984, controller, Drilling and Production Services
Give situations where food production food services are separated?
Food production food services are separted in my friends backyard. in other words, a food production food services factory.
What exactly are film production services?
Film production services are those services that allow the production of a movie to move forward with no kinks in it at all. The place to film the movie and anything that is needed during the filming of said movie is provided by companies that offer film production services.
What are some nationwide domestic cleaning services that serve in Glendale, AZ?
What are some nationwide companies that offer domestic cleaning services? I live in Glendale, AZ.
Which person studies the production distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
Which person studies the production .distribution and consumption of goods and services?
An Economist studies the production distribution and consumption of goods and services
What is domestic consumption?
The domestic economy is the total of what is bought and sold within the borders of a nation. It includes both goods and services.
