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Byju's Answer
Standard XII
Economics
Depreciation
What type of ...
Question
What type of goods are counted for calculation of GDP in India?
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Solution
All final goods and services are counted for calculation of GDP in India.
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Antima, an economist, was calculating a nation's GDP for 2020-21. She erroneously included the prices of intermediate and final goods in her calculation. Determine the economic impact of this situation.
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