How is the GDP calculated by the expenditure approach? What are the diff erent components of expenditure? Diff erentiate between the GNP and the GDP. In the computation of the GDP, what is the...

How is the GDP calculated by the expenditure approach? What are the diff erent components of expenditure?

Diff erentiate between the GNP and the GDP. In the computation of the GDP, what is the treatment given to

(a) inventories, (b) intermediate goods and (c) goods not sold in the market?