how can we calculate GDP
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GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports).Nominal value changes due to shifts in quantity and price.
shiva7777:
not understand
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Answer :-
The following equation is used to calculate the GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports).
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