Yacourb Boulingui Yameogo
ECON 1000 WB
Dick Jaeckel
October 4, 2018
Module 4 Assignment
1) The expenditure approach for GDP is given by the formula Y=C+I+G+NX and
represents the total spending on final new goods and services produced in a country
within a given year.
Y = GDP (Gross Domestic Product) –the value in the marketplace of all of the goods
that are the end products (disregarding the market value of goods that are used in the
production of another good) within a year
