Explain the approach (expenditure or income) that you used to calculate GDP. The table lists some macroeconomic
Question:
Explain the approach (expenditure or income) that you used to calculate GDP.
The table lists some macroeconomic data for the United States in 2016.
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The Gross Domestic Product GDP can be calculated using different approaches the expenditure approach the income approach and the production or output ...View the full answer
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