Calculating GDP using the expenditure approach?

How does an economist calculate GDP for one year using the expenditure approach

  • Answer:

    Y = C + I + E + Gwhere Y = GDP C = Consumer Spending I = Investment made by industry E = Excess of Exports over Imports G = MORE?

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Y = C + I + E + Gwhere Y = GDP C = Consumer Spending I = Investment made by industry E = Excess of Exports over Imports G = MORE?

Y = C + I + E + Gwhere Y = GDP C = Consumer Spending I = Investment made by industry E = Excess of Exports over Imports G = MORE?

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