The four categories of expenditure used by the expenditure approach method to calculate GDP are
A) consumption expenditure, taxes, saving and investment.
B) consumption expenditure, investment, net imports and saving.
C) saving, taxes, government expenditure and investment.
D) consumption expenditure, investment, government expenditure and net exports.
Correct Answer:
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Q65: Net investment
A) equals gross investment plus depreciation.
B)
Q66: The largest component of GDP in the
Q67: In the equation, GDP = C +
Q68: Two methods of measuring GDP are
A) the
Q69: GDP equals
A) aggregate expenditure.
B) aggregate income.
C) the
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)
Q74: All of the following are components of
Q75: The components of the expenditure approach to
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