Economy, asked by noorjotsinghman9272, 1 year ago

Why the three methods of calculating dgp produce the same estimate of gdp?

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Answered by Anonymous

Country's vary in their economic systems, educational levels of individuals, resources, productionmethods, capital goods. The expenditure approach involves adding up all EXPENDITURES in the economy from all different sectors. ... Explain why the three methods of calculating GDP produce the same estimate of GDP

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