All of the following are approaches for calculating GDP EXCEPT
A) spending.
B) income.
C) production.
D) cost.
E) None of these: All can be used to calculate GDP.
Correct Answer:
Verified
Q31: It is easier to measure GDP in
Q32: Investment is
A)the purchase of final goods by
Q33: GDP can be calculated only by using
Q34: The number of new cars produced in
Q35: You sell your used calculus book to
Q37: Total spending in the economy is divided
Q38: U.S. GDP includes the value of goods
Q39: In 2010, the United States GDP amounted
Q40: One trillion is equal to 1 million
Q41: In which spending category would you enter
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