![In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final ... In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final ...](https://i0.wp.com/grossoutput.com/wp-content/uploads/2017/11/four-stage_model.png?fit=4235%2C2167&ssl=1)
In economics, gross output (GO) is the measure of total economic activity in the production of new goods and services in an accounting period. It is a much broader measure of the economy than gross domestic product (GDP), which is limited mainly to final ...
![Gross Domestic Product: Items Excluded from National Production - Video & Lesson Transcript | Study.com Gross Domestic Product: Items Excluded from National Production - Video & Lesson Transcript | Study.com](https://study.com/cimages/videopreview/videopreview-full/screen_shot_2012-09-27_at_3.33.21_pm_104579.jpg)
Gross Domestic Product: Items Excluded from National Production - Video & Lesson Transcript | Study.com
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