All of the following are components of the expenditure approach to measuring GDP EXCEPT
A) Shaniq's purchase of a meal at the Olive Garden in Atlanta.
B) a Senator from Iowa being paid the monthly salary.
C) the army buying new M1 Abram tanks.
D) Ford Motor Company buying new Dell computers for use in its marketing department in Dearborn, Michigan.
Correct Answer:
Verified
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)
Q75: The components of the expenditure approach to
Q76: Which of the following is NOT part
Q77: Which of the following is not a
Q78: GDP using the expenditure approach equals the
Q79: _ is gross investment minus _.
A) The
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