Economy, asked by wakeelAhmad, 8 months ago

when consumption of good is 1000 what is percentage of GDP

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Answered by drsinghsayana

Answer:

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GDP = C + G + I + NX.

C = consumption or all private consumer spending within a country's economy, including, durable goods (items with a lifespan greater than three years), non-durable goods (food & clothing), and services.

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Answered by shivanipriya

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when consumption of good is 1000 what is percentage of GDP​

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GDP = C + G + I + NX.

C = consumption or all private consumer spending within a country's economy, including, durable goods (items with a lifespan greater than three years), non-durable goods (food & clothing), and services.

when consumption of good is 1000 what is percentage of GDP