CBSE BOARD X, asked by swayammishrabo1504, 6 months ago

How is GDP calculated?​

Answers

Answered by prakashk99
2

Answer:

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 Anonymous
7

Answer:

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.

Similar questions