Economy, asked by xyz689813, 2 days ago

how do we get the gross domestic product of a country​

Answers

Answered by divyax98
0

Answer:

here is ur answer

Explanation:

Key Takeaways

GDP can be calculated by adding up all of the money spent by consumers, businesses, and government in a given period.

It may also be calculated by adding up all of the money received by all the participants in the economy.

In either case, the number is an estimate of "nominal GDP."

Answered by AnanyaBaalveer
5

Answer:

The GDP calculation accounts for spending on both exports and imports. Thus, a country's GDP is the total of consumer spending (C) plus business investment (I) and government spending (G), plus net exports, which is total exports minus total imports (X – M).

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