GDP
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| show | is the total market value of the goods and services produced within the United States in a year.
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| Consumption | show 🗑
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| Investment | show 🗑
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| show | are goods and services produced in a foreign country that are purchased domestically.
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| Finished Goods or Services | show 🗑
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| show | calculates GDP by summing household consumption spending, investment expenditures, purchases by governments, and net exports. The equation is written as: C + I + G + (X-M) = GDP. This is also called the national spending approach.
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| Government Purchases | show 🗑
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| show | is shorthand for the expression exports - imports or X-M.
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| show | are goods and services produced domestically that are purchased by someone in another country.
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| Intermediate Goods | show 🗑
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| show | is the total market value of the goods and services produced within the United States in a year using the market prices during the period being measured.
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| Real GDP per capita | show 🗑
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| Real GDP | show 🗑
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| Inflation | show 🗑
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