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3 years ago

How to calculate total ouput

Mathematics

2 answers:

icang [17]3 years ago

7 0

Answer:

measure aggregate output by adding up the total expenditures by households. Then, if we assume that one person's spending is another person's income, an equivalent measure of the value of total output would be the total income reported by individuals.

Step-by-step explanation:

algol [13]3 years ago

7 0

<h3><em><u>Total output can be measured in two ways: as the sum of the values of final goods and services produced and as the sum of values added at each stage of production. GDP plus net income received from other countries equals GNP. </u></em></h3><h3 /><h3 /><h3><em><u>Total output can be measured in two ways: as the sum of the values of final goods and services produced and as the sum of values added at each stage of production. GDP plus net income received from other countries equals GNP. I hope this is okay and understandable with the explanation and picture. please,if helpful. Mark me as brainliest</u></em></h3><h3 />

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ch4aika [34]

Answer:

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Step-by-step explanation:

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How to calculate total ouput​

How to calculate total ouput