Interested to Buy Any Domain ? << Click Here >> for more details...
What is the criteria to calculate GDP growth?
- 1 Answers
- 4528 Views
- I also Faced
- E-Mail Answers
Answer / nitesh
Review the formula. The basic formula for calculating GDP is: y = c + i + e + g, where y = GDP, c = consumer spending, i = industry investment, e = excess of exports over imports and g = government spending.
2
Define "c" or consumer spending. This includes all spending done by consumers.
3
Define "i" or industry investments. Investment refers to the capital expenditures by growing industries and firms, not the amount of money individuals are putting into investment accounts . These expenditures include equipment and production facilities.
4
Define "e" or the difference between the value of exports and imports. Exports are goods shipped abroad; imports are goods shipped into the U.S. To calculate, exports are positive and imports are negative; if exports are more than imports the result is an addition to GDP.
5
Define "g" or government purchases. Tax money is used to make these purchases which represent government spending.
| Is This Answer Correct ? | 2 Yes | 1 No |
WHAT IS CASH DISCOUNT & TRADE DISCOUNT?
hello please anyone can help me, how to prepare the bank reconciliation statement?
When the closing stock will be reflected in trial balance & at what value
who will appoint first board of director of the company
How would you encourage team building unit for effeciency in the office?
what is the diffrence between accounting and finance?
What is ‘Dual Control’ in Master Records?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
what is the difference between a company balance sheet and that of a bank?
what is difference between single ledger & multiple ledger with solid example .beacuse i am slow learner .
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
What is MIS report and Expalain with Explamples by using MIS format
Audit 
