How much is the GDP?

If consumption is $3 trillion, investment is $800 billion, government spending is $1 trillion, imports are $1.2 trillion, and export are $900 billion, ho wmuch is the GDP?

Answer:
4.5 Trillion.
GDP = C + G + I + (X-M)
4.7 trillion?
I think all the costs of goods and services need to be calculated into the equation, even overseas investments, therefore"

Consumption + Government Spending + Investment + Imports - Exports + PetroDollars + EuroDollars = GDP

So about 4.5 trillion

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:
More Questions and Answers:
  • What impact does the growth in the Chinese economy have on resource availability?
  • Is population explotion main obstacle development of India?
  • Where is the Indian Bill Gates?
  • Would the legalization of drugs improve the economy - GDP?
  • Who sponges off the UK government and admits it?
  • What are the benefits of doing business in China?
  • Instead of paying tax to the Govt. can we introduce a system of paying tax to the poor people we meet daily.?
  • How will excise duty shape cement sector?
  • After WW11, Why didn't the UK rebuild and develop the same as the devastated nations of Germany and Japan?