how is GDP calculate
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Answer:
This includes not only goods and services that were produced by domestic firms, but also the output generated by foreign companies in India as a result of foreign direct investment (FDI). As long as output is generated within a country’s borders, the government will count it towards the GDP.
There are three ways to calculate a country’s gross domestic product. And, in theory, no matter what method you use — the end result should be the same value.As their respective names suggest, the expenditure method calculates GDP according to how much money was spent and the income method uses the amount of money earned.
The Gross Value Added (GVA) method or the factor cost method measures GDP by calculating value addition that was generated by each sector of the economy as it moves through the supply chain.