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What is the formula for calculating GDP, which includes the components of consumption (C), investment (I), government spending (G), and net exports (X-M)?

Katelyn Kuhn ∙

Lvl 10

∙ 5mo ago

Updated: 2/13/2025

The formula for calculating GDP is GDP C I G (X - M), where C represents consumption, I represents investment, G represents government spending, and (X - M) represents net exports.

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∙ 5mo ago

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Keynes emphasized that income was determined by which of these?

consumption, investment, and government spending

Consumption Expenditures plus Investment plus Government Expenditures equals?

GNP

What is included in calculating GDP?

The GDP or gross domestic product is calculated by the sum of Consumption, Investment, Government Spending, and Net Exports. GDP is defined as the sum of all goods and services that are produced within a nation's borders over a specific time interval, typically one calendar year.

What are the factor affecting aggregate Demand?

Consumption, Investment, Government Expenditure and Net Exports

According to keynes which of these factors determined the income of the people?

Consumption, Investment, and Government spending

Related Questions

Consumption Expenditures + Investment + Government Expenditures = _______.?

cfc

Keynes emphasized that income was determined by which of these?

consumption, investment, and government spending

Consumption Expenditures plus Investment plus Government Expenditures equals?

GNP

What is a government expediture?

DescriptionGovernment spending or expenditure includes all government consumption, investment, and transfer payments.

What is included in calculating GDP?

The GDP or gross domestic product is calculated by the sum of Consumption, Investment, Government Spending, and Net Exports. GDP is defined as the sum of all goods and services that are produced within a nation's borders over a specific time interval, typically one calendar year.

What are the factor affecting aggregate Demand?

Consumption, Investment, Government Expenditure and Net Exports

According to keynes which of these factors determined the income of the people?

Consumption, Investment, and Government spending

What factors does GDP take into account?

consumption, investment, government spending, net exports

What are the component of the aggregate demand curve?

Personal Consumption + Gross Private Domestic Investment + Government Consumption + Net Exports (Exports-Imports)

What are the four major uses of total output?

consumption, investment, government purchases, and net exports

Which is included in the expenditures approach to GDP?

Consumption + Gross Investment + Government Expenditure + (Exports - Imports)

Which transaction in economy should be included in GDP?

i think that it is consumption investment government and net exports

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