The expenditure-based method of national accounting ________.
A) tracks the purchase of goods and services by firms only
B) tracks the purchase of goods and services by the government only
C) does not track the purchase of investment goods by firms and households
D) tracks the purchase of all goods produced in the domestic economy only

Question

Quizplus · Accepted Answer

The expenditure-based method of national accounting tracks the purchase of all goods and services produced in the domestic economy by households, firms, and the government. It includes consumption expenditures, investment expenditures, government expenditures, and net exports.

The Expenditure-Based Method of National Accounting ________