Social Sciences, asked by syedfaizaanh, 1 month ago

how is GDP calculated​

Answers

Answered by kratikaraj2006
0

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."

Previous Question
Next Question
Similar questions
Science, 18 days ago
Bamboo Structure. How is it done. And. Why is it done?​
English, 18 days ago
The speaker said,"This is going to be our best performance". write in indirect speech​...
Physics, 18 days ago
write any activity on double displacement reaction​...
Math, 1 month ago
find the principal solutions for the equation sin x= - 1/2​...
Math, 1 month ago
a)is 2021 belongs to the arithmetic sequence with first term 4 and common difference 7? b)check whether 2021 is the difference of two terms of the above sequence.​
Geography, 8 months ago
Internet cya madatine brazhiliya v Bhopal ya khandiya sthan aslelya thikananchya varshik sarasari tapmanachi mahiti milva v ti aalekhadvare spashta kara...
English, 8 months ago
He is making a bed change it into passive voice...
Math, 8 months ago
Michael Perez has a total of $2000 on deposited with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much has he deposited in each institution?