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How do you calculate GDP?
01-22-2013, 01:26 AM
Post: #1
Ezana Offline
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How do you calculate GDP?
How do you calculate the gdp given the following

gross private domestic investment: 46
exports of the U.S. 9
disposable income: 190
Personal savings: 10
Government Purchases: 84
Net Foreign Factor Income Earned in the US: 10
Consumption of fixed capital: 52
dividends: 13
Imports of the US: 12
Indirect business taxes: 22
Personal taxes: 38
Social security contributions: 23

I know that the answer is 255, I need an explanation as to why it is 255.

thanks!
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How do you calculate GDP? - Ezana - 01-22-2013 01:26 AM
[] - actechkarizma - 01-22-2013, 01:34 AM

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