Theoretically, why should the expenditure and income approaches to calculating GDP give us the same results?
A) because they have the same components
B) because every dollar spent is a dollar earned
C) because of accounting errors
D) because theoretically consumption equals the sum of all factor incomes

Question

Quizplus · Accepted Answer

Every dollar spent is a dollar earned, so the expenditure and income approaches to calculating GDP should give us the same results.

Theoretically, Why Should the Expenditure and Income Approaches to Calculating