Examlex
Name and describe the six rules of effective managerial writing.
Expenditures Approach
A method of calculating GDP that totals consumption, investment, government spending, and net exports.
GDP
Gross Domestic Product, a measure of the economic performance of a country, calculating the total value of all goods and services produced over a specific time period.
Gross Investment
The total amount spent on purchases of new capital assets and replacement of depreciated assets within a specified period.
Net Investment
The total spending on new capital minus the replacement of depreciated capital, indicating the actual addition to the capital stock in an economy.
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