Social Sciences, asked by dhruvsing08, 9 months ago

What are the steps involved in the estimation of GDP?

Who conducts this?

Answers

Answered by risky2k46

1

Answer:

Its processes involve conducting an annual survey of industries and compilation of various indexes like the Index of Industrial Production (IIP), Consumer Price Index (CPI), etc. ... Further calculations are made to arrive at nominal GDP (using current market price) and real GDP (inflation-adjusted

Answered by arav1031

0

Explanation:

Its processes involve conducting an annual survey of industries and compilation of various indexes like the Index of Industrial Production (IIP), Consumer Price Index (CPI), etc. ... Further calculations are made to arrive at nominal GDP (using current market price) and real GDP (inflation-adjusted).

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