Im finally working through your original videos. I love the simple breakdown of the equation. Most people see the GDP equation and think oh no math, but you show why it's nothing to fear
I just want to ask a question how income approach = expenditure approach when expenditure approach calculated in it net exports and income approach we didn't talk about net exports and, in income approach we talk about wages and in expenditure approach we talk only on consumption and we didn't talk about saving and intrest from saving
One model calculates income as all money generated. The other calculates it through all money spent. The assumption is that if you made money you spent it somewhere or saved it, which then turns to investment. In reality the are not always exactly the same but they are close
Im finally working through your original videos. I love the simple breakdown of the equation. Most people see the GDP equation and think oh no math, but you show why it's nothing to fear
Thanks Antowan. My students love these videos but I look back at them and think so much growth since I started
Thank you very much!!! You deserve more subscribers.
I appreciate you saying that. Hopefully more subscribers will continue to join! I will continue to produce quality content
Thankyou sir love from srilanka ❤
Thank you for stopping by!
I'm here because of my subject Macroeconomics😅
Thank you for stopping by. Hope you find the content helpful.
@@EconWithDrA Really Helpful sir, Thank you😇
I just want to ask a question how income approach = expenditure approach when expenditure approach calculated in it net exports and income approach we didn't talk about net exports and, in income approach we talk about wages and in expenditure approach we talk only on consumption and we didn't talk about saving and intrest from saving
One model calculates income as all money generated. The other calculates it through all money spent. The assumption is that if you made money you spent it somewhere or saved it, which then turns to investment. In reality the are not always exactly the same but they are close
🙏⭐
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