how to analyze gdp chart
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The U.S. GDP is primarily measured based on the expenditure approach. This approach can be calculated using the following formula: GDP = C + G + I + NX (where C=consumption; G=government spending; I=Investment; and NX=net exports). All these activities contribute to the GDP of a country.
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Another way to analyse GDP is to compare GDP in one year (or quarter) with GDP in another year (or quarter), in other words to see how it develops over time. We can do this by calculating a rate of change.
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