what is GDP?how is it calculated
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The GDP calculation also accounts for spending on exports and imports. Thus, a country's GDP is a measure of consumer spending (C) plus business investment (I) and government spending (G) as well as its net exports, which is exports minus imports
viki29515:
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GDP is Gross Development Product.
It percentage of people engaged in different sectors like primary sector.
Hope it helps you!
It percentage of people engaged in different sectors like primary sector.
Hope it helps you!
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