Compute the correlation between savings, capital formation also consumption.
1. Illustrate what is the relationship between savings, capital formation also consumption.
2. GDP is defined as the marketplace value of all final goods also services produced within a country in a given period of time. In spite of this definition, some production is left out of GDP. Elucidate why some final goods also services are not included.
3. Elucidate why the value of intermediate goods produced also sold during the yr are not included separately as part of GDP, but intermediate goods produced also not sold are included separately as part of GDP.