final goods
goods, such as consumer goods, that are not currently used up in the production of other goods.
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Final goods are goods that are ultimately consumed rather than used in the production of another good.
Final goods and services Goods and services that are at their final stage of production and will not be transformed into yet other goods or services.
Final goods - Goods that are not used as inputs by other firms but are produced to be sold for consumption, investment, government, or exports during the period under consideration.
FINAL GOODS: Goods (or services) that are available for purchase by the ultimate or intended user with no plans for further physical transformation or as an input in the production of other goods that will be resold.
The value of final goods and services at prices prevailing in a base year. This removes the discretionary effects of inflation.
Real Rate of Return: ...
Total output of final goods and services produced by a country's citizens during a year.
International Monetary Fund (IMF)
Organization originally established to manage the postwar fixed exchange rate system.
Total demand for final goods and services by all residents (consumers, producers, and government) of a country (as opposed to total demand for that country's output). The term was introduced as part of the Absorption Approach.
Gross national product (GNP) The dollar output of final goods and services in the economy during a period of time. Growth stock The stock of a firm that is expected to have above-average increases in revenues and earnings.
Gross Domestic Product (GDP) - Australia The market value of all final goods and services produced in Australia during...
The broadest and most widely used measure of national income is gross domestic product (GDP), the value of expenditures on final goods and services at market prices produced by domestic factors of production (labor, capital, materials) during the ...
The value of all final goods and services produced in a country in one year (gross domestic product) plus income that residents have received from abroad, minus income claimed by nonresidents.
Equivalent estimates of GNP (or GDP) produced in a given year may theoretically be arrived at through at least three different accounting approaches, depending upon whether the transactions that determine the prices of final goods and services are ...
Final goods - Products that end up in the hands of consumers.
Fiscal policy - A government's program with respect to (1) the purchase of goods and services and spending on transfer payments, and (2) the amount and type of taxes.
These are then added up for all the final goods and services produced in that country for that given year. The measure is difficult to compute, as a US dollar value has to be assigned to everything, even if it's not produced in the U.S.
[13] Taxation as a percentage of production of final goods may have reached 15% - 20% during the 17th century in places like France, the Netherlands, and Scandinavia.
Gross National Product (GNP) - Total value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens who are working abroad, minus income of non-residents located in that country.
A nation's Gross Domestic Product refers to the value of all final goods and services produced within a nation in a given year. To prevent distortions, a system called purchasing power parity (PPP) is used to calculate the GDP estimates.
To avoid counting the same output more than once, GDP includes only final goods and services -- not those which are used to make another product.
investment purchases of final goods by firms plus purchases of newly produced residences by households. (20, 22)
investment-saving gap the difference between the level of investment and the level of saving in the economy. (31) ...
Gross domestic product (GDP)
The market value of final goods and services produced over time including the income of foreign corporations and foreign residents working in the U.S., but excluding the income of U.S. residents and corporations overseas.
GROSS NATIONAL PRODUCT (GNP) - the total dollar value of all final goods and services produced for cons...
GROSS NATIONAL PRODUCT - GNP - A country's total output of goods and services from all forms of economi...
Gross Domestic Product, the total value of all final goods and services produced by the economy. A key measure of national income and output for a country's economy.
>> Hedge (Hedged Position) ...
It is the total value of final goods and services produced in an economy in a year.
Stands for Gross Domestic Product. The GDP is an estimate of the total money value of all the final goods and services produced in a given one-year period using the factors of production located within a particular country's borders.
Popular terms ...
Gross Domestic Product (GDP) is the total value of all the final goods and services produced in a country. This number is used as a statistical indicator of overall production.
Gross Margin ...
Moreover the costs of the final goods which are produced are also less as the cost of import is not there. Foreign direct investment aids in increasing the levels of production and also in lowering the cost of production.
Definition: A tax on the value added at each stage of production, that is on the difference between the value of final goods minus the cost of buying raw materials and intermediate goods.
Related glossary term:
Ad valorem tax ...
 See also: Gross domestic product, Feedback, Tip, National income, Perfect competition
  
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