Question

How is GDP of a country calculate

Answer 1

HEYA!!!!



GDP is calculated by sum of all earning of all sector.


that is Primary secondary and tertiary sector.

there is no parameter for calculating GDP.




so we calculate GDP by earning of all sector.



hope it helps!!!!!



thanks

Answer 2

hello
friends
One way of arriving at the GDP of a country is to calculate the monies spent by the different groups that participate in the economy. ...

Thus, acountry's GDP is a measure of

consumer spending (C) + business investment (I) and government spending (G) as well as its net exports,
which is =exports minus imports (X-M)