Social Sciences, asked by vyasdevansh98, 7 months ago

Mention the steps to calculate the GDP in india. Explain with the help of one example for each step

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Answered by malugedam2

Answer:

Key Takeaways. 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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