what is GDP? how is it calculated

Answers were Sorted based on User's Feedback



what is GDP? how is it calculated..

Answer / govind

GDP-Gross Domistic product.
There methods are there for calculation GDP.

India is following Exp base calculation.

Formula is as follows:

Y = C + I + G + (X-M)

Y – Income (or GDP)
C- Consumption (or Private Final Consumption Expenditure).
I- Investment (or Gross Final Consumption Exp)
X- Exports
M- Imports

Is This Answer Correct ?    27 Yes 2 No

what is GDP? how is it calculated..

Answer / uday

GDP = private consumption + gross investment +
government spending + (exports − imports), or

GDP = C + Inv + G + \left ( eX - iM \right )

Is This Answer Correct ?    11 Yes 0 No

what is GDP? how is it calculated..

Answer / gowrimaheshwari

y = G + I + G + (X-M)

Y= income
C= Cumpction
I= Investment
X= Exports
M= Imports

Is This Answer Correct ?    6 Yes 2 No

what is GDP? how is it calculated..

Answer / jagadeesh

y=c+i+g+(x-m)

where

c=consumption
I=investment
G=govt spending
x=exports
m=imports

Is This Answer Correct ?    3 Yes 1 No

what is GDP? how is it calculated..

Answer / fhihk

y=c+i+g+(x-m)

here

c=consumption
I=investment
G=govt spending
x=exports
m=imports

Is This Answer Correct ?    3 Yes 1 No

what is GDP? how is it calculated..

Answer / santosh

gross domestic product

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

What is dematerialisation and its benefits?

0 Answers   Mellon,


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

0 Answers  


EXPAND___________JPC

1 Answers  


Paid the club bills out of his personal funds? state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1 Answers  


what is the difference between debenture and shares

6 Answers   Syntel,






Entrance Exam question & Answer required

0 Answers  


what are the acccounting standards ?

2 Answers  


if cash deposited in to bank what will be entry?

3 Answers  


Expand ________BPO

3 Answers  


why a fixed cost is said to be fixed?

7 Answers   HP,


Hi guys, Could anybod tell the what is journal entry when the internal order(rea) is settled?

1 Answers  


Let me know the situation when is a transaction affects one side of accounting equation

1 Answers   ACS,


Categories