GDP - GDP Total expenditure does not include al the things...

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11/19/10 Expenditure approach Measures GDP by using data on consumptions expenditure, investment, government expenditure on goods and services, and net exports. GDP is the sum of all those mentioned above
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11/19/10 Expenditures that are not
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Unformatted text preview: GDP Total expenditure does not include al the things that people and businesses buy. GDP is the value of FINAL goods and services. Used goods and financial assets are not a part of GDP Used goods is not because they were...
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GDP - GDP Total expenditure does not include al the things...

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