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Consumer Spending + Investments + Government Spending + Net Exports

C + I + G + N = Y

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Q: Gross Domestic Product can be measured as the sum of?
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Net domestic product at factor cost?

Gross domestic product is sum of the gross value added in the various economic activities. GDP at factor cost plus indirect taxes less subsidies on products is known as producer price.


What is GPD in economics?

GDP stands for Gross Domestic Product. It's the sum of all goods and services produced in a country.


The sum of all the nations goods and services?

If you're measuring over the course of a year, and including only domestic sources of labour and materials, the answer is Gross National Product. If you're measuring over the course of a year, and including all sources of labour and materials regardless of nation of origin, the answer is Gross Domestic Product.


How much money did The Sum of All Fears gross domestically?

The Sum of All Fears grossed $118,471,320 in the domestic market.


What is the meaning of 'national savings' in economics?

National savings refers to the sum of private and public savings. It is typically calculated by subtracting a country's consumption and government expenditures from its gross domestic product.


What do you mean by gross national product of the Philippines?

The gross national product of any country is the sum of the value of all goods and services produced in/by that country in the course of one year.


Gross national product of a country is sum of the market value of all goods and services product in a year?

plus export earnings


What is reccesion?

A Recession is a term used when the GDP of a nation is on a downward movement for two or more consecutive quarters GDP - Gross Domestic Product (Approximately the sum of the total industrial revenue generated in the country) This is usually measured quarterly, half yearly or annually... When the GDP of a nation has consistently declined for two or more consecutive quarters, then the country is supposed to be in a state of recession.


What is total domestic income?

A total domestic income, or Gross Domestic Income (GDI), is the total income received by all sectors of an economy within a nation which includes the sum of all profits and wages minus liabilities/subsidies.


Definition of gross domestic product how it is measured?

The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output for a given country's economy. It is the total value of all final goods and services produced in a particular economy; the dollar value of all goods and services produced within a country's borders in a given year. GDP can be defined in three ways, all of which are conceptually identical. First, it is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production (the intermediate stages) by all the industries within a country, plus taxes less subsidies on products, in the period. Third, it is equal to the sum of the income generated by production in the country in the period-that is, compensation of employees, taxes on production and imports less subsidies, and gross operating surplus (or profits). The most common approach to measuring and quantifying GDP is the expenditure method: GDP = consumption + gross investment + government spending + (exports − imports)


What is so gross about the national product?

Economics Answer:The Gross National Product in one definition is the sum of all final goods and services produces in an economy. It is Gross as it includes depreciation in it. Subtracting the cost of depreciation we get the Net National Product.== A region's gross domestic product is one of the ways for measuring the size of its economy. The GDP of a country is defined as the total value of the goods and services produced by the residents of a nation in a given period of time (as a year) With such a big crisis in the world today, many people do not believe the official figures published by their governments when it comes to that and they sure think it's all GROSS! ;-) -The outrageous prices we pay for some of them. == Because many of our national products are "gross."ANSWER: National product is the kind of product that picks its nose in public places. National product picks its scabs while negotiating deals. National product is so gross that vomit gets queasy at the sight of it. National product is so gross you could make a movie about it and it would be the blockbuster event of the year, it is that gross! National product is the type of product that calls flatulence musical theory. National product is the type of product that will pick out sock lent from their toe nails when visitors have come over. This is why national product has become Gross National Product.


What is the meaning of actual GNP?

GNP or Gross National Product is the sum in dollars of all the worth of the goods and services produced by a country.