Calculating the GDP using the (3) Methods: Production Method, Income Method and Expenditure Method

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  • Опубликовано: 13 июл 2024
  • This Lesson covers:
    - The basic understanding of the GDP , GDE , GDI and the GNP.
    - Methods used to calculate the GDP with examples.
    - Understanding Basic prices, market prices and factor cost.
    - Difference between tax on products and tax on production.
    - Difference between subsidies on products and subsidies on production.
    - A brief on the impact of Covid on the GDP of SA.

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