Social Sciences, asked by vansh5535, 5 months ago

how was GDP calculated​

Answers

Answered by mahi946535
2

Answer:

GDP can be calculated by adding up all of the money spent by consumers, businesses, and government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy. In either case, the number is an estimate of "nominal GDP.

Answered by Anonymous
3

 \huge \bold \red {❥answer}

GDP can be calculated by adding up all of the money spent by consumers, businesses, and government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy. In either case, the number is an estimate of "nominal GDP."

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