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Business, 11.11.2020 17:50 josephinekiim

If a consumer buys flour because he loves baking, the flour is counted as part of GDP. If a bakery buys flour as an input to bake things in order to sell, the flour is not counted as part of GDP. Briefly explain why we treat these purchases differently.

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If a consumer buys flour because he loves baking, the flour is counted as part of GDP. If a bakery b...
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