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    Hi is the correct way to measure : GDP= C + I + G + NX. ?

    And does anyone know what happened to the UK’s GDP since the financial crash of 2008?

    Thank you.
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    (Original post by H_Ali)
    Hi is the correct way to measure : GDP= C + I + G + NX. ?

    And does anyone know what happened to the UK’s GDP since the financial crash of 2008?

    Thank you.
    Hi, the correct way for GDP is GDP = C + I + G + X - M
    And for 'what happened to the UK’s GDP since the financial crash of 2008?' just put it into google, it will give you a graph and explain it
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    (Original post by H_Ali)
    Hi is the correct way to measure : GDP= C + I + G + NX. ?

    And does anyone know what happened to the UK’s GDP since the financial crash of 2008?

    Thank you.
    Always use X-M rather than NX ( I know you mean net exports) but strictly speaking, N is employment rate. Other than that, the formula is good.

    For the financial crash, I’d recommend Tutor2u, a YouTube source, which has an extensive analysis of this
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    (Original post by H_Ali)
    Hi is the correct way to measure : GDP= C + I + G + NX. ?

    And does anyone know what happened to the UK’s GDP since the financial crash of 2008?

    Thank you.
    As above, denoting net exports as (X-M) is probably better if only to ensure you will do that calculation first (following the BIDMAs principles anyway ). As to what's happened, google it! Plenty of graphs and sites out there that illustrate how GDP has performed since 2008.
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    (Original post by Anonymous030701)
    Hi, the correct way for GDP is GDP = C + I + G + X - M
    And for 'what happened to the UK’s GDP since the financial crash of 2008?' just put it into google, it will give you a graph and explain it
    Thank you so much
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    (Original post by TeeEf)
    As above, denoting net exports as (X-M) is probably better if only to ensure you will do that calculation first (following the BIDMAs principles anyway ). As to what's happened, google it! Plenty of graphs and sites out there that illustrate how GDP has performed since 2008.
    Thanks
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    (Original post by Anonymous030701)
    Hi, the correct way for GDP is GDP = C + I + G + X - M
    And for 'what happened to the UK’s GDP since the financial crash of 2008?' just put it into google, it will give you a graph and explain it
    Thank you very much !!!
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    (Original post by H_Ali)
    Thanks
    The great thing about Economics is the sheer amount of datapoints it looks at, and consequently how available that data is online. Whenever you want to know what's happened to something quantitative and economics-related over a period of time, just give it a quick google and you'll almost always find the numbers you're after
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    (Original post by Anonymous030701)
    Hi, the correct way for GDP is GDP = C + I + G + X - M
    And for 'what happened to the UK’s GDP since the financial crash of 2008?' just put it into google, it will give you a graph and explain it
    Thanks
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    Thanks everyone
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    (Original post by SherlockD)
    Always use X-M rather than NX ( I know you mean net exports) but strictly speaking, N is employment rate. Other than that, the formula is good.

    For the financial crash, I’d recommend Tutor2u, a YouTube source, which has an extensive analysis of this
    Thats great thanks a lot !
 
 
 

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