How to calculate gdp of india???
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GDP=Private consumption+ gross investment + government investment + government spending + (exports - imports)
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Explanation:
How to calculate GDP?
GDP=Private consumption+ gross investment + government investment + government spending + (exports - imports)
The GDP deflator remains extremely important as it measures price inflation.
It is calculated by dividing Nominal GDP by Real GDP and then multiplying by 100. (Based on the formula)...
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