Answer to Question #306328 in Macroeconomics for oke

Question

From the expenditure side, GDP=? (តាមទស្សនចំណាយ GDP=?)

Answer 1

GDP is the summation of all finished and services purchased in an economy over a given period of time. For instance, consumer spending, government spending and as well as net export etc. Similarly, GDP can be an initial increase in expenditure which is directly proportional to the economic output.