Y = c + i + g + x-m. explain the each components of gdp.
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Four major components of GDP are: 1. Private Consumption Expenditure (C) 2. Investment Expenditure (I) 3. Government Purchases of Goods and Services (G) 4. Net Exports (X – M)!
Some economists have suggested an alternative approach to measure GDP as Sum of Expenditure.
Gross Domestic Product (GDP) can be measured by taking into account all final expenditure made during a period of account in the economy.
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Some economists have suggested an alternative approach to measure GDP as Sum of Expenditure.
Gross Domestic Product (GDP) can be measured by taking into account all final expenditure made during a period of account in the economy.
plz mark it brainlist
and I am sorry it is very long
but it will be help you ok
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Four major components of GDP are: 1. Private Consumption Expenditure 2. Investment Expenditure
3. Government Purchases of Goods and Services
4. Net Exports (X – M)
Some economists have suggested an alternative approach to measure GDP as Sum of Expenditure.
Gross Domestic Product (GDP) can be measured by taking into account all final expenditure made during a period of account in the economy.
3. Government Purchases of Goods and Services
4. Net Exports (X – M)
Some economists have suggested an alternative approach to measure GDP as Sum of Expenditure.
Gross Domestic Product (GDP) can be measured by taking into account all final expenditure made during a period of account in the economy.
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