History, asked by yashchaudhary2k19, 11 months ago

how do we calculate the GDP?? ​

Answers

Answered by kumawatamita936
1

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). Nominal value changes due to shifts in quantity and price

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