Three Approaches in calculating GDP - SlideServe
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Three Approaches in calculating GDP - SlideServe
Three Approaches in calculating GDP. Three Approaches. Mary spends a final good $10, the market value is $10, the income to the factors is $10 National Expenditure =National Output = National Income 1. Expenditure approach 2. Output approach 3. Income approach. Expenditure Approach.
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9.8K views · 114 reactions | If you’re interested in business, economics, or international affairs, understanding GDP is vital. Here's what GDP is, how to calculate it, and why it’s important: https://hbs.me/4z84hccr | Harvard Business School Online | Facebook
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9.8K views · 114 reactions | If you’re interested in business, economics, or international affairs, understanding GDP is vital. Here's what GDP is, how to calculate it, and why it’s important: https://hbs.me/4z84hccr | Harvard Business School Online | Facebook
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