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Where does profit enter in the circular flow? Why? 109) Define and explain gross domes

Where does profit enter in the circular flow? Why? 109) Define and explain gross domes

Where does profit enter in the circular flow? Why?

 

109) Define and explain gross domestic product.

 

110) Why aren't financial transactions, sales of secondhand goods, and household production included in measuring GDP?

111) Explain how value added is used to compute GDP.

Abhinav 07-Dec-2019

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