Economics
posted by sammie .
Do government statisticians calculate GDP by simply adding up the total sales of all business firms in one year? Explain..
Respond to this Question
Similar Questions

economics
what is the equation for finding the GDP for a year? 
macroeconomics
Year  2000 Nominal GDP: 9,817 Real GDP: ___________ GDP Deflator: 1 Inflation 2.2 Real GDP Per capita: _________ Population 283.7 Year – 2001 Nominal GDP: ________ Real GDP: 9,891 GDP Deflator: _________ Inflation 2.4 Real GDP Per … 
Economics
The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the base year increase by 20% real GDP grow? 
Economics
Help The answer i got is : GDP grew 10% GDP for 2006 using 2005 as the base year increase by 20% real GDP grow? 
Econ
Total value of all assets in US YEAR ...total value of all final services in US ...total value of all final goods in US ...final goods and services produced by American firms in other countries ^ If I knew everything above, how would … 
Economics
Do government statisticians calculate GDP by simply adding up the total sales of all business firms in one year 
ECONOMICS
WHAT DO GOVERNMENT STATISTCIANS CALCULATE GDP BY SIMPLY ADDING UP TOTAL SALES OFALL BUSINESSFIRMS IN ONE YEAR? 
Calculus
Sales of Version 5.0 of a computer software package start out high and decrease exponentially. At time t, in years, the sales are s(t)=20e^t thousands of dollars per year. After 2 years, Version 6.0 of the software is released and … 
Social studies
How do economists calculate gross domestic product (GDP)? 
Economics
By far, the largest component of the GDP equation from an expenditures perspective is: net exports consumption by households profits by entrepreneurs government purchases investment by business firms