Ask Question
25 June, 14:44

Categorize each statements as a component of Gross Domestic Product (GDP) : consumption, investment, government, or net exports. If it is not included in GDP, leave it unplaced. Consumption Investment Goverment Net exports Answer Bank

+5
Answers (1)
  1. 25 June, 18:42
    0
    'Government Expenditure' not 'Government' is a component of GD[

    Explanation:

    GDP is the total value of goods & services produced in an economy during an year.

    As per Expenditure method:

    It is calculated as 'expenditure' done by all sectors of economy as "one person expenditure is other person income". 4 sectors are : households, firms, government, rest of the world. Their respective demand expenditures are : Private Final Consumption Expenditure, Government Final Consumption Expenditure, Investment (Gross domestic Capital Formation), Net Exports.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Categorize each statements as a component of Gross Domestic Product (GDP) : consumption, investment, government, or net exports. If it is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers