2nd October 2019

yahoo
15

What are the 4 factors of GDP?

The four major components that go into the calculation of the U.S. GDP, as used by the Bureau of Economic Analysis, U.S. Department of Commerce are:
  • Personal consumption expenditures.
  • Investment.
  • Net exports.
  • Government expenditure.

Are unsold items included in GDP?

Any goods and services produced in the previous year are counted in that year's GDP. This includes Inventory* left unsold. A house built last year is not counted in this year's GDP. However, the fees involved in selling that house this year are.
Write Your Answer

Rate

80% people found this answer useful, click to cast your vote.

4 / 5 based on 2 votes.

Bookmark

Press Ctrl + D to add this site to your favorites!

Share