Question

Explain expenditure method?​

Answer 1

● The expenditure method is a system for calculating gross domestic product (GDP) that combines consumption, investment, government spending, and net exports. It is the most common way to estimate GDP. ... This method produces nominal GDP, which must then be adjusted for inflation to result in the real GDP.

● Hope it helps you✌❤

Answer 2

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The expenditure method is a system for calculating gross domestic product (GDP) that combines consumption, investment, government spending, and net exports. It is the most common way to estimate GDP. This method produces nominal GDP, which must then be adjusted for inflation to result in the real GDP.