Two methods of measuring GDP are
A) the income approach and the expenditure approach.
B) the income approach and the receipts approach.
C) the goods approach and the services approach.
D) the saving approach and the investment approach.
Correct Answer:
Verified
Q63: GDP can be computed as the sum
Q64: To measure GDP using the expenditure approach
Q65: Net investment
A) equals gross investment plus depreciation.
B)
Q66: The largest component of GDP in the
Q67: In the equation, GDP = C +
Q69: GDP equals
A) aggregate expenditure.
B) aggregate income.
C) the
Q70: The four categories of expenditure used by
Q71: The difference between gross investment and net
Q72: The expenditure approach measures GDP by adding
A)
Q73: Net investment equals
A) gross investment + depreciation.
B)
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