Interested to Buy Any Domain ? << Click Here >> for more details...
What is the criteria to calculate GDP growth?
- 1 Answers
- 4526 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 |
Why do you prepare a Trial Balance?
what is MIS report? What is CMS report?
how to calculate PF how to calculate esi
Why company issue shares at discount as its a loss ?
Explain me what is tally accounting?
What is Capital Commitments means?
HOW WE CAN SEE BANK RECONCILIATION STATEMENT IN TALLY 9
WHAT IS OPERATING CYCLE?
WHAT IS MEAN BY CONTRA ENTRE? & WHERE IT IS USE.
Discuss the consistency concept in accounting
I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.
book keeping is the art of recording------in the books of accounts
Audit 
