Which factor is used to calculate the GDP

The expenditures approach says GDP = consumption + investment + government expenditure + exports – imports. The income approach sums the factor incomes to the factors of production. The output approach is also called the “net product” or “value added” approach.

Explanation:

C. ~ I. goods produced within a country by citizens of that country. & goods produced within a country for use in production of other goods.

Explanation:

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