Social Sciences, asked by laurenbaker5320, 2 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

Previous Question

Next Question

Similar questions

Math, 1 month ago

Find profit or loss percentage from c.p. =₹6800 and s.p. =₹6052...

Chemistry, 1 month ago

polystar uses 10 points...

Math, 1 month ago

the diagram shows a velocity-time graph of a motorcycle for 25 seconds after how many seconds was the acceleration zero...

Business Studies, 2 months ago

What makes a person an employee?

Business Studies, 2 months ago

What is the difference between job and employment?

Math, 10 months ago

2√3*√3+√2how to do this sum polynomials chapter ...

Social Sciences, 10 months ago

What is the consequentialist justification for laws that give ownership and control of software to individuals or corporations (proprietary software)? What is the basic dilemma in giving individuals the ownership and control of software they wrote? Is there any alternative to working with privately-owned (proprietary) software?

Math, 10 months ago

x - 2 = 7, Find value of x ...