Measuring GDP using the Income Approach and the Expenditure Approach - HD
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Measuring GDP using the Income Approach and the Expenditure Approach - HD
GDP is generally understood to represent the health of a nation's economy, and most people realize that if GDP is growing, things are going well, while if it's falling things have turned sour in the economy. But what, precisely, does GDP measures? There are two primary methods for measuring GDP, which should yield the same result even though ...
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