This is found by adding up the value of all final goods and services produced by firms during the year.
This is found by adding up all the spending on the final goods and services produced by firms.
Notice that, as before, in order to avoid double-counting, only spending on final goods and services is included.
Notice that Y in this version represents the money value of spending on all final goods and services produced during the time period.
Also, they are goods used in production of final goods.
"They're expecting the final goods to arrive on Friday morning," he told her.
Real unit production costs for most final goods dropped steadily throughout the 19th century, and especially from 1873 to 1896.
Market value of all final goods and services calculated during 1 year .
There are also industries, which transform raw materials into final goods.
But it went on to state that "there are few signs of a general pickup in prices of final goods and services."