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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 12
The expenditure approach measures GDP by adding all the expenditures for final goods made by
A) households.
B) businesses.
C) government.
D) foreigners.
E) All of the answers above are correct.
A) households.
B) businesses.
C) government.
D) foreigners.
E) All of the answers above are correct.
Explanation
Verified
Verified
GDP = C + I + G + (X-M)Where
C is Person...
Economics for Today 9th Edition by Irvin Tucker
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