Why GDP can be computed either by measuring spending or by measuring income. Briefly explain

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
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Why GDP can be computed either by measuring spending or by measuring income. Briefly explain.
Why GDP can be computed either by
measuring spending or by measuring
income. Briefly explain.
Transcribed Image Text:Why GDP can be computed either by measuring spending or by measuring income. Briefly explain.
Why GDP can be computed either by
measuring spending or by measuring
income. Briefly explain.
Transcribed Image Text:Why GDP can be computed either by measuring spending or by measuring income. Briefly explain.
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