Multiple Choice
When we calculate GDP,imports are
A) Subtracted from total spending because they are part of another country's GDP.
B) Added to exports because both represent purchases of final goods.
C) Subtracted from exports to obtain gross exports.
D) Subtracted from exports and included in gross investment.
Correct Answer:
Verified
Related Questions
Q87: The components of GDP are
A)C + I
Q88: The measure of what households receive after
Q89: Net exports are
A)Goods sold to foreigners.
B)Not included
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