Question
A. Explain the process of calculating GDP in a country and different approaches. Why all of these approaches should yield the same outcome? B. What
A. Explain the process of calculating GDP in a country and different approaches. Why all of these approaches should yield the same outcome?
B. What is included and what is not included in GDP calculations? Why do you think some of the items that should be included in GDP calculation are excluded from GDP?
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
