Economy, asked by anishjha2213, 2 months ago

how the gdp is calculated class 10​

Answers

Answered by shashi1979bala
3

ᏅᏬᎬᏕᎿᎨᎾᏁ:ʜᴏᴡ ᴛʜᴇ ɢᴅᴘ ɪs ᴄᴀʟᴄᴜʟᴀᴛᴇᴅ?

ᎯᏁᏕᏯᎬᏒ: ɪғ ᴡᴇ ᴛᴀʟᴋ ᴀʙᴏᴜᴛ ᴀ sɪᴍᴘʟᴇ ᴀᴘᴘʀᴏᴀᴄʜ, ɪᴛ ɪs ᴇǫᴜᴀʟ ᴛᴏ ᴛʜᴇ ᴛᴏᴛᴀʟ ᴏғ ᴘʀɪᴠᴀᴛᴇ ᴄᴏɴsᴜᴍᴘᴛɪᴏɴ, ɢʀᴏss ɪɴᴠᴇsᴛᴍᴇɴᴛ ᴀɴᴅ ɢᴏᴠᴇʀɴᴍᴇɴᴛ sᴘᴇɴᴅɪɴɢ ᴘʟᴜs ᴛʜᴇ ᴠᴀʟᴜᴇ ᴏғ ᴇxᴘᴏʀᴛs, ᴍɪɴᴜs ɪᴍᴘᴏʀᴛs ɪ.ᴇ. ᴛʜᴇ ғᴏʀᴍᴜʟᴀ ᴛᴏ ᴄᴀʟᴄᴜʟᴀᴛᴇ ᴀs ɢᴅᴘ = ᴘʀɪᴠᴀᴛᴇ ᴄᴏɴsᴜᴍᴘᴛɪᴏɴ + ɢʀᴏss ɪɴᴠᴇsᴛᴍᴇɴᴛ + ɢᴏᴠᴇʀɴᴍᴇɴᴛ sᴘᴇɴᴅɪɴɢ + (ᴇxᴘᴏʀᴛs – ɪᴍᴘᴏʀᴛs).

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