GDP can be computed as the sum of
A) all sales that have taken place in an economy over a period of time.
B) the total expenditures of consumers and business over a period of time.
C) the total expenditures of consumption, investment, and government expenditure on goods and services over a period of time.
D) the total expenditures of consumption, investment, government expenditure on goods and services, and net exports over a period of time.
Correct Answer:
Verified
Q2: Net investment equals
A) capital stock minus depreciation.
B)
Q58: Total output and total income in the
Q59: Q61: Net investment is the Q62: If depreciation is less than gross investment, Q64: To measure GDP using the expenditure approach Q65: Net investment Q66: The largest component of GDP in the Q67: In the equation, GDP = C + Q68: Two methods of measuring GDP are
A) total amount of
A) equals gross investment plus depreciation.
B)
A) the
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