Why is the sale of used goods is not included in GDP 2024?

Aria Wilson | 2023-04-24 17:06:07 | page views:1891
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Gabriel Wright

Works at Adobe, Lives in San Jose, CA
Current GDP does not include expenditures on used goods because GDP is intended to measure the value of currently produced goods and services in the economy. Used goods are not currently produced, and were already counted the year they were newly produced.
2023-04-26 17:06:07

Amelia Cooper

QuesHub.com delivers expert answers and knowledge to you.
Current GDP does not include expenditures on used goods because GDP is intended to measure the value of currently produced goods and services in the economy. Used goods are not currently produced, and were already counted the year they were newly produced.
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