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GDP = C + I + G + (X-M)

GDP = C + I + G + (X-M)

GDP = Gross Domestic Product (and its components)

♦ C = Consumer spending
♦ I = Investment (Gross Fixed Capital Formation)
♦ G = Government Spending
♦ X = Exports
♦ M = Import


C+I+G + (X-M) = Y (GDP)


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