Answer to Question #238350 in Macroeconomics for Yollz

Question

Explain the difference between expenditure on gross domestic product and gross domestic expenditure

Answer 1

Expenditure on gross domestic product tends to be an expenditure on the final services as well as goods produced within country's borders. It shows the production values of final services and goods. However, gross domestic expenditure tends to show total value of the spendings within the country's borders.