The GDP of a country can be derived by summing
A) the expenditures on final user goods and services produced domestically during the year.
B) the payments to employees and owners of capital resources and then subtracting depreciation and indirect business taxes.
C) the market value of all goods and services produced domestically during the period and then subtracting net exports from that figure.
D) the income payments to the resource suppliers and net exports.

Question

Quizplus · Accepted Answer

GDP can be calculated by summing up the expenditures on final user goods and services produced domestically during the year, including household consumption, investment, government spending, and net exports. This approach is known as the expenditure method of calculating GDP.

The GDP of a Country Can Be Derived by Summing