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Economics - Financial Markets 7 Online
OpenStudy (anonymous):

Briefly explain how to calculate GDP ?

OpenStudy (rina.r):

GDP = Consumption + Investment + Government Purchases + Net Exports. GDP Expenditure Compositions (or) Expenditure Method = C + Ig + G + Xn : Personal consumption expenditures (C) -4.3% Gross domestic investment (Ig) -23.0 Government purchases (G) +1.3 Net exports (Xn) -6.1 Real GDP -6.3. http://wiki.answers.com/Q/How_is_GDP_calculated_using_the_expenditures_approach&r2as=1#slide1

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