GDP using the expenditure approach equals the sum of personal consumption expenditures plus
A) gross private investment plus government expenditure on goods and services.
B) gross private investment plus government expenditure on goods and services minus imports of goods and services.
C) gross private investment plus government expenditure on goods and services plus net exports of goods and services.
D) gross private investment.
Correct Answer:
Verified
Q63: Net investment equals
A) gross investment + depreciation.
B)
Q64: The four categories of expenditure used by
Q65: _is gross investment minus_ .
A) Depreciation; replacement
Q66: Of the following, the largest component of
Q67: If depreciation is less than gross investment,
Q69: The expenditure approach measures GDP by adding
A)
Q70: In the equation, GDP = C +
Q71: Which of the following is NOT
Q72: To measure GDP using the expenditure approach
Q73: GDP equals
A) the value of the aggregate
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