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Amount Of Products Of Bangladesh Speech

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Essay's paper info

Topic:	Business
Number of pages / Number of words:	2 / 333

Essay's paper body

The basic formula for calculating the GDP is:

Y = C + I + E + G

where

Y = GDP

C = Consumer Spending

I = Investment made by industry

E = Excess of Exports over Imports

G = Government Spending

This formula is almost self-evident (if you take time to think about it)!

Definition of GNP: GNP is the value of what's produced by a country's residents, no matter where they live...

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