The expenditure approach measures GDP by adding
A) compensation of employees, rental income, corporate profits, net interest, proprietorsʹ income, subsidies paid by the government, indirect taxes paid, and depreciation.
B) consumption expenditure, gross private domestic investment, net exports of goods and services, and government expenditure on goods and services.
C) compensation of employees, rental income, corporate profits, net interest, proprietorsʹ income, indirect taxes paid, and depreciation and subtracting subsidies paid by the government.
D) compensation of employees, rental income, corporate profits, net interest, and proprietorsʹ income.
Correct Answer:
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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,
Q68: GDP using the expenditure approach equals the
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
Q74: Which of the following is NOT
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