How gdp is measured according to the expenditure


Assignment:

Question 1: Explain how GDP is measured according to the expenditure and income approaches. A Make sure you read my lecture note.

Question 2: Is it possible for many firms to sell exactly the same product, and still be in monopolistic competition? Be precise and explain in detail.

To answer properly, you need to write about one-third to half a page, font 12, single-spaced.

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Microeconomics: How gdp is measured according to the expenditure
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