Why are imports subtracted in calculating gdp


The answer to Macroeconomic Questions

A) How can output and unemployment rise at the same time?

b) What are the major macroeconomic goals of all societies?

c) Why are imports subtracted in calculating GDP?

d) How would you differentiate between economic growth and development?

e) Is zero inflation attainable and/or undesirable? Why?

 

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Business Economics: Why are imports subtracted in calculating gdp
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