CBSE BOARD X, asked by devesh1804, 9 months ago

how is GDP of a country calculated.

Answers

Answered by chvinayk143

Answer:

based on individual economical growth

Answered by afreen7276

Answer:

GDP = C + I + G + (X – M)

Explanation:

following equation is used to calculate the GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports). ... It transforms the money-value measure, nominal GDP, into an index for quantity of total output.

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