Social Sciences, asked by laurenbaker5320, 4 months ago

What is the GDP formula?

Answers

Answered by anushanagtode

2

Answer:

Accordingly, GDP is defined by the following formula: GDP = Consumption + Investment + Government Spending + Net Exports or more succinctly as GDP = C + I + G + NX where consumption (C) represents private-consumption expenditures by households and nonprofit organizations, investment (I) refers to business expenditures.

Answered by adisha5015

0

Answer:

Consumption + Investment + Government Spending + Net Exports

Explanation:

GDP = C + I + G + NX

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