Chapter 13 (video
First way to Calculate GDP
factors
(sell-buy) Incomeroo Profit = Value added
Wages interest rent prot an
soa
t
↓ Income method add up everything
t = R17000
·
Production Method (total amount of all value added
= R17000
· Expenditure Method (last amount in
your production cycle
Second way to calculate GDP
j
measur
it
GDP = C + 1 + G + X -
2
Both omics
GDE = C + 1 + G
NI =
N 3 measure t
MP (market prices
Caneithed 2vt Only diff
* . in terms of taxation and subsidies
FP (factor prices ( XS
2oxt
VS
depriciation
G *
Bu
N
(gross) + depriciation
(net)
FE + Fl
Pestic
.
Bu
* N
com + FE Fl (national)
+ X Z
P
enditure
m
X + z (production (
t + S
↑P *
Bu
FC
+ t S
(Market prices (
-
(factor cost)
First way to Calculate GDP
factors
(sell-buy) Incomeroo Profit = Value added
Wages interest rent prot an
soa
t
↓ Income method add up everything
t = R17000
·
Production Method (total amount of all value added
= R17000
· Expenditure Method (last amount in
your production cycle
Second way to calculate GDP
j
measur
it
GDP = C + 1 + G + X -
2
Both omics
GDE = C + 1 + G
NI =
N 3 measure t
MP (market prices
Caneithed 2vt Only diff
* . in terms of taxation and subsidies
FP (factor prices ( XS
2oxt
VS
depriciation
G *
Bu
N
(gross) + depriciation
(net)
FE + Fl
Pestic
.
Bu
* N
com + FE Fl (national)
+ X Z
P
enditure
m
X + z (production (
t + S
↑P *
Bu
FC
+ t S
(Market prices (
-
(factor cost)
