In the expenditure approach to measuring GDP,we add the values of all
A) intermediate goods in addition to all final goods purchased
B) goods and services purchased by each type of final user
C) goods and services purchased in the United States
D) goods and services purchased by intermediate and final users
E) goods and services purchased by the private sector.
Correct Answer:
Verified
Q17: Used car dealerships add nothing to GDP
Q18: Which of the following is the best
Q19: Gross domestic product (GDP)is
A) the total value
Q20: A midwestern farmer grows wheat and sells
Q21: Purchases of stocks and bonds are examples
Q23: Which of the following would be classified
Q24: Private investment expenditure,adds to the nation's existing
Q25: Which of the following would be classified
Q26: Changes in business inventories are part of
Q27: Increases in inventories are subtracted from GDP
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