There are two ways to calculate a nation's gross domestic product (GDP): by adding up all of the money spent or all of the ...
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How is India's GDP calculated? Know the key three methodsGross Domestic Product (GDP) is the primary measure used worldwide to assess the economic health of a nation. It represents ...
GNI uses the income approach whereas GNP uses the production approach to calculate GDP. Both GNP and GNI should theoretically yield the same result. GDP can be calculated in three ways ...
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