Income and expenditure views of GDP | GDP: Measuring national income | Macroeconomics | Khan Academy

Looking at a simple model of an economy

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[Tteye-sK]

Please, how do we treat taxes on production and imports when finding GDP

[bluesuperman]

Supposedly both measures are equal. This confuses me because the government is not accounted for on the income side, just households. What about government income in the form of taxes?

[PasinduPereralink]

But what about people renting houses to other people just to live in, not to produce. That expenditure and Income is not GDP(because it's not a new product), right?

[guitarzilla]

Deficit spending is our economic model. That and bond selling via wage arbitrage. Oh, and zero interest rates to keep it afloat. For a little longer.

[Donna___pe]

Why is this so complicated? Important refund information

[zebaali]

how is income = exp? as savings are done by hh and firms

[bala]

What is alternative way to measure real gdp and why is it better than real gdp

[venjerw]

Do firms pay all the revenue to households?

[АкулинаСемерикова]

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