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Q.

[[1]] is the value of final goods and services produced in the economic sectors.

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Detailed Solution

Gross Domestic Product is the value of final goods and services produced in the economic sectors.
Gross Domestic Product (GDP) measured by the Central Government Ministry, with the assistance of various state governments, estimates the total production in the country and calculates the GDP. GDP tells us how strong an economy is in monetary terms. While calculating GDP, it is necessary to keep in mind that only the value of final goods and services (and not the intermediate ones) is included, as calculating the value of intermediate goods will lead to double counting.

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[[1]] is the value of final goods and services produced in the economic sectors.