The expenditure approach to measuring GDP is done by using data on only
A) wages, rent, interest, and profit.
B) consumption expenditure.
C) consumption expenditure and investment.
D) consumption expenditure, investment, government expenditure on goods and services, and net exports of goods and services.
E) consumption expenditure, investment, and government expenditures.
Correct Answer:
Verified
Q117: Q118: Net exports of goods and services is Q119: Which of the following expenditure components of Q120: When Jamie purchases a classic 1968 Plymouth Q121: Net exports of goods and services increase Q123: In calculating GDP, economists Q124: The U.S. economy is experiencing rising output,
A)can measure either total
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