In three or four sentences, explain how to calculate gross domestic product using the expenditure approach.

The Gross Domestic Product is a measurement of the economic activity of the countries in a certain period of time.

GDP can be calculated by aggregate value, by income or by the perspective of expenditure, which is the most traditional. GDP will be the sum of Consumption + Investments + Government Expenses + Net Exports, as the formula below:

 GDP = C + I + G + (X-M)

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