Economy, asked by kunaljr, 5 months ago

explain the expenditure approach of measuring gdp

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Answered by BlurredBlues

3

Answer:

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

Answered by AnuskaPalai

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