See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
Income = Product = Expenditure
Total market value of final goods & services in a country
Product, expenditure, income
GDP=C+I+G+(X−M)\text{GDP} = C + I + G + (X - M)GDP=C+I+G+(X−M)
Private consumption (household spending)
Gross investment (capital goods spending)
Government spending
Exports minus imports
Standard of living
High GDP may just mean many people, not wealth
Select your subjects, and get access to A+ resources today.