For example, cars can not be added to fruits by amounts, but the price related to those items added together will give one the output which is the GDP. The total output or GDP of Ford Motors Company will be how many automobiles, trucks, SUVs, etc., are all added only at the end of the year by using the price value...
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The total output or GDP of Ford Motors Company will be how many automobiles, trucks, SUVs, etc., are all added only at the end of the year by using the price value. GDP only measures the final product sold like the cars, trucks, etc. Therefore, the tires, wheels, and all other elements that were intermediate in the making of these automobiles are not part of GDP...
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