Earlier, when discussing the supply side of the national economy, we had an equation which said that supply equals demand - in other words GDP is the same as demand components, i.e. the sum of consumption expenditure, gross capital formation and net exports. These demand components refer to the possible end uses of the goods and services supplied. In this lesson we will learn about these demand components in somewhat more detail.
| Topic 4.1: | Consumption |
| Topic 4.2: | Consumption expenditure |
| Topic 4.3: | Private consumption expenditure |
| Topic 4.4: | Public consumption expenditure |
| Topic 4.5: | Actual final consumption |
| Topic 4.6: | Gross capital formation |
| Topic 4.7: | Gross fixed capital formation |
| Topic 4.8: | Change in inventories |
| Topic 4.9: | Exports |
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