IDNLearn.com: Your go-to resource for finding expert answers. Join our platform to receive prompt and accurate responses from experienced professionals in various fields.
Sagot :
Answer:
B
C
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Only goods produced in a country would be included in the GDP. for this reason, the calculator would not be included in GDP
Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! For clear and precise answers, choose IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.