Expenditure approach: GDP = C + I + G + (X โ M)
0
โ
Net exports (X โ M)
Frequently Asked Questions
How is GDP calculated by the expenditure method?
GDP = Consumption + Investment + Government spending + Net exports, where net exports = exports โ imports. It sums all spending on final goods and services in an economy.
Calculate GDP using the expenditure approach: consumption + investment + government + net exports.