(Answered) What are the components of gdp according to the

Engineering

What are the components of GDP according to the Expenditures approach.

What categories of goods and services are not included in GDP?

How does the concept of inflation and unemployment relate the growth of GDP?

Why does the measurement of GDP, and growth rate, reflect the economic welfare of our society?

How would you change what is included or not in the measurement of GDP to better measure the economic welfare?

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