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The Equation for GDP Using the Expenditure Approach Is

Question 1

Multiple Choice

The equation for GDP using the expenditure approach is:


A) GDP = Consumption + Investment + Government Purchases + Imports + Exports.
B) GDP = Consumption + Investment + Government Purchases - Imports - Exports.
C) GDP = Consumption + Investment + Government Purchases + Imports - Exports.
D) GDP = Consumption + Investment + Government Purchases + Exports - Imports.

Correct Answer:

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