ECONOMICS
FINANCIAL MARKETS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$1330
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$1200
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$1280
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$1230
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Detailed explanation-1: -GDP Formula GDP = private consumption + gross private investment + government investment + government spending + (exports – imports).
Detailed explanation-2: -If we talk about a simple approach, it is equal to the total of private consumption, gross investment, and government spending plus the value of exports, minus imports i.e. the formula to calculate GDP = private consumption + gross investment + government spending + (exports – imports).
Detailed explanation-3: -A basic formula to determine investment spending for a small business is written as: Investment spending= gross investment-depreciation. On a macro level, the formula is written as: Investment Spending = Gross Domestic Product (GDP)-Consumption (C)-Government Spending (G)-Net Exports (NX).