<span>The GDP calculation also accounts for spending on exports and imports. Thus, a country's GDP is a measure of consumer spending (C) plus business investment (I) and government spending (G) as well as its net exports, which is exports minus imports (X-M).</span>Apr 24, 2017<span>
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Answer:
Wikipedia defines formal sector as activities which are taxed and monitored by the government and the activities involved are included in the Gross Domestic Product(GDP).
Explanation:
In contrast to formal economy is the informal sector which is neither taxed nor included in the GDP and Gross national product (GNP) of a country.
Answer:
No infact that question is biased itself
Explanation:
Answer: I think the answer is D
