Main Profile

At A Glance

Measuring GDP using the Income Approach and the Expenditure Approach

This video lecture outlines the two methods of measuring a nation's Gross Domestic Product. By summing the total wages, rents, interest and profits earned by households, or by adding all the consumption, investment, government spending and net exports, we can determine the total value of a nation's output during a particular period of time.
Length: 14:42

Contact

Questions about Measuring GDP using the Income Approach and the Expenditure Approach

Want more info about Measuring GDP using the Income Approach and the Expenditure Approach? Get free advice from education experts and Noodle community members.

  • Answer

Ask a New Question