Home » General Knowledge » Indian Economy

GDP can be calculated by summing

Correct Answer: Consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product (GDP) is the monetary value of all the finished goods and services produced within a country's borders in a specific time period.


Simply, GDP is a broad measurement of a nation’s overall economic activity. 


It is calculated by summation of Consumption, investment, government purchases, and net exports.


← Previous Question Next Question→

Discussion & Comments

No comments yet. Be the first to comment!
Join Discussion