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Intro to the expenditure approach for calculating GDP
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Intro to the expenditure approach for calculating GDP
3:09
About this lesson
The Expenditure Approach
- The sum of \(C,I, G, X-M\)
- Personal Consumption Expenditures
- Gross private domestic investment
- Government expenditure
- Net Exports of Goods and Service
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Video 1 of 3
Intro to the expenditure approach for calculating GDP
3 min
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The income approach to calculating GDP
9 min
Calculating nominal GDP and real GDP with examples
10 min