Two methods of measuring GDP are
A) the income approach and the receipts approach.
B) the goods approach and the services approach.
C) the saving approach and the investment approach.
D) the income approach and the expenditure approach.
Correct Answer:
Verified
Q7: Gross domestic product (GDP) measures the
A) number
Q17: In the circular flow of economic activity,
A)aggregate
Q18: Government expenditures included in the expenditure approach
Q19: _ gross domestic product is the value
Q21: Let C represent consumption expenditure, S saving,
Q23: The four parts of the business cycle
Q24: The factor market can BEST be described
Q25: The circular flow model shows that consumer
Q26: In part, the underground economy exists because
Q27: Which of the following would lead GDP
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents