Out of the following list, choose the item that would be included in the expenditure approach to calculating GDP:
A) an unemployment cheque from the government to R.Smith
B) the cost of the second-hand mountain bike you bought from your flatmate
C) a $200 cheque from your Uncle Arthur
D) the purchase of 60 litres of petrol at $1.42 cents per litre for your car
Correct Answer:
Verified
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A)nominal GDP grows faster
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