Economy, asked by tushartyagi15, 8 months ago

How to calculate real Gdp?
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Answers

Answered by harora022
1

Answer:

The 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).

Nominal value changes due to shifts in quantity and price.

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