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expenditure approach and income approach & VALUE ADDED METHOD
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∙ 13y ago
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What gets included and excluded when calculating GDP?
total income and total expenditure are included when calculating GDP.
Why imports are subtracted in the expenditure approach to calculating GDP?
why imports are subtracted inthe expenditure approach to calculating GDP
Which of these is the correct formula for calculating the GDP?
C + i + g + n = gdp
In calculating GDP versus GNP what is now not counted?
GDP is calculated for a specific period of time, usually a year or a quarter of a year. No listing for "What is not counted in calculating GDP versus GNP".
When calculating GDP why are intermediate products excluded?
because yes
What gets included and excluded when calculating GDP?
total income and total expenditure are included when calculating GDP.
Why imports are subtracted in the expenditure approach to calculating GDP?
why imports are subtracted inthe expenditure approach to calculating GDP
Which of these is the correct formula for calculating the GDP?
C + i + g + n = gdp
In calculating GDP versus GNP what is now not counted?
GDP is calculated for a specific period of time, usually a year or a quarter of a year. No listing for "What is not counted in calculating GDP versus GNP".
What is the correct formula for calculating the GDP?
c+i+g a+
When calculating GDP why are intermediate products excluded?
because yes
Which of these would not be included as government spending when calculating the GDP?
unemployment benefits A+
Which of these would not be considered a private investment when calculating the GDP?
stocks and bonds.
What is the formula of calculating increase in real GDP?
Nominal GDP/CPI*100 answer will be in $ amount
How many methods of GDP are there?
the methods for GDP is of 3 types 1.product method 2.income method 3.expenditure method.
Compared with the expenditure approach to calculating GDP the income approach is?
more accurate
What is the income approach compared with the expenditure approach to calculating GDP?
more accurate
