Originally Posted by
yhokz101
Graph ra ang imong basehan.
Ka limited ra sad nmo ug resources apollo..
You really believe that gdp alone can describe the entire country's economy? Naa ba kay subject sa una related sa economics? Pastilan ba nmo apollo undo..
Gud kay naa man d.i kay economics na sa Subject... Pero murag wala ka kahibaw sa formula o composition sa pag kuha sa GDP....
DEFINITION of 'Gross Domestic Product - GDP'
The monetary value of all the finished goods and services produced within a country's borders in a specific time period, though GDP is usually calculated on an annual basis. It includes all of private and public consumption, government outlays, investments and exports less imports that occur within a defined territory.
GDP = C + G + I + NX
where:
"C" is equal to all private consumption, or consumer spending, in a nation's economy"G" is the sum of government spending"I" is the sum of all the country's businesses spending on capital"NX" is the nation's total net exports, calculated as total exports minus total imports.