Question
What is the correct formula for calculating GDP using
the expenditure method?Solution
The expenditure approach to GDP calculation sums up consumption, investment, government spending, and net exports (exports minus imports).Â
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82, 65, 59, 64, 80, 113
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3Â Â Â Â Â Â Â Â Â 6Â Â Â Â Â Â Â Â Â 18Â Â Â Â Â 149Â Â Â Â Â Â Â Â 602Â Â Â Â Â Â Â Â 15057
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