Social Sciences, asked by yasri7jit0ammumar, 1 year ago

How to calculate gdp?

Answers

Answered by kvnmurty
5
GDP = Gross Domestic Product of a Nation
         = C + G + I + NX

where   C = All private consumption by people = Consumer spending
             G = all Government spending or expenditure
             I = Investment by all business houses, 
                    capital expenditures by everyone in the country.
             NX = The country's Net exports
              NX = Total Exports - Total Imports.

GDP is calculated over a period.
Answered by blaster2317
0

Answer:

GDP = Gross Domestic Product of a Nation

        = C + G + I + NX

where   C = All private consumption by people = Consumer spending

            G = all Government spending or expenditure

            I = Investment by all business houses,  

                   capital expenditures by everyone in the country.

            NX = The country's Net exports

             NX = Total Exports - Total Imports.

GDP is calculated over a period.

Explanation:

Hope it HELPS YOU

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