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Excellent graphic - 4 components that make up US GDP
4th August 2011
Understanding the formula C + I + G + (X - M) to calculate National Income via the Expenditure Method is an essential part of the AS and A2 course. The graphic below that comes with this Wall Street Jounal article looks at how each of the 4 have contributed to US GDP since 2007. The accompanying article provides excellent analysis of the performance of each component.