Economics
Textbooks
Boundless Economics
Measuring Output and Income
Measuring Output Using GDP
Economics Textbooks Boundless Economics Measuring Output and Income Measuring Output Using GDP
Economics Textbooks Boundless Economics Measuring Output and Income
Economics Textbooks Boundless Economics
Economics Textbooks
Economics
Concept Version 7
Created by Boundless

Other Approaches to Calculating GDP

GDP over time

GDP over time

GDP is measured over consecutive periods to enable policymakers and economic agents to evaluate the state of the economy to set expectations and make decisions.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    Wordpress.
    http://docbea.files.wordpress.com/2013/07/731_gdp_1.png Public domain.

Related Terms

  • expenditure approach
  • income approach
  • depreciation
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