gordyboy

Is there a formula for determining GDP?

Jan 9th, 2012


1
1 in Economics Report

1 Answer

Stuart
0 
The formula for calculating the GDP is:
Y = C + I + E + G

where
Y = GDP
C = Consumer Spending
I = Investment made by industry
E = Excess of Exports over Imports
G = Government Spending
Feb 20th, 2012 at 12:57 PM
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