The expenditure approach measures GDP by adding
A) consumption expenditure, gross private domestic investment, net exports of goods and services, and government expenditure on goods and services.
B) compensation of employees, rental income, corporate profits, net interest, proprietors' income, indirect taxes paid, and depreciation and subtracting subsidies paid by the government.
C) compensation of employees, rental income, corporate profits, net interest, proprietors' income, subsidies paid by the government, indirect taxes paid and depreciation.
D) compensation of employees, rental income, corporate profits, net interest and proprietors' income.
Correct Answer:
Verified
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A)Nominal GDP
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