Exhibit 5-3 Expenditure approach 
As shown in Exhibit 5-3, using the expenditure approach, GDP is:
A) $1,000 billion.
B) $1,500 billion.
C) $1,775 billion.
D) $2,000 billion.
Correct Answer:
Verified
Q39: Using the expenditure approach, GDP equals:
A) C
Q44: Using the income approach, the largest component
Q85: If you buy a book of U.S.
Q87: If you buy a brand new, American-made
Q89: If exports rise and imports fall, then:
A)
Q91: Exhibit 5-2 Gross domestic product data
Q94: Exhibit 5-2 Gross domestic product data
Q95: The Department of Commerce sums the payments
Q97: Exhibit 5-2 Gross domestic product data
Q98: Exhibit 5-3 Expenditure approach
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents