GDP can be computed as the sum of
A) the total expenditures of consumers and business over a period of time.
B) the total expenditures of consumption, investment, government expenditure on goods and services, and net exports over a period of time.
C) the total expenditures of consumption, investment, and government expenditure on goods and services over a period of time.
D) all sales that have taken place in an economy over a period of time.
Correct Answer:
Verified
Q62: is gross investment minus .
A) Net investment;
Q63: The difference between gross investment and net
Q64: The expenditure approach measures GDP by adding
A)
Q65: Which of the following is NOT part
Q68: Of the following, the largest component of
Q69: Gross investment is equal to
A) depreciation plus
Q70: Gross investment equals
A) net investment - depreciation
Q71: Which of the following is NOT a
Q72: Net investment equals
A) savings - depreciation.
B) depreciation
Q73: GDP equals
A) the value of the aggregate
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