Which of the following is not a component of GDP in the expenditures approach?
A) government purchases
B) workers' wages and other compensation
C) gross private domestic investment
D) the difference between exports and imports

Question

Quizplus · Accepted Answer

Workers' wages and other compensation are not a component of GDP in the expenditures approach. Instead, they are included in the income approach to calculating GDP. The components of GDP in the expenditures approach include government purchases, gross private domestic investment, and the difference between exports and imports.

Which of the Following Is Not a Component of GDP