Question

how do you calculate GDP​

Answer 1

Answer:

Written out, the equation for calculating GDP is: GDP = private consumption + gross investment + government investment + government spending + (exports – imports). For the gross domestic product, “gross” means that the GDP measures production regardless of the various uses to which the product can be put.

Answer 2

Answer:

GdP can be calculated by adding up all of the money spent by consumers, business, and the 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.

Explanation:

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