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Thursday, 18 October 2018|

Glossary A-Z

 
Keyword : output
Category :
Total Record Found : 1
output
Description

Output is defined as the goods and services produced by an establishment, excluding the value of any goods and services used in an activity for which the establishment does not assume the risk of using the products in production, and excluding the value of goods and services consumed by the same establishment except for goods and services used for capital formation (fixed capital or changes in inventories) or own final consumption.

 

 

 

 

 


Source : National Accounts
Source Detail : Gross Domestics Product (GDP)