Right or wrong,using the expenditure approach to GDP will show a net increase in GDP because of the 2005 Hurricanes.

Question

Quizplus · Accepted Answer

The expenditure approach to GDP includes all spending on final goods and services, including spending on disaster relief and reconstruction efforts after a natural disaster like the 2005 Hurricanes. These expenditures will be included in the calculation of GDP, resulting in a net increase in GDP.

Right or Wrong,using the Expenditure Approach to GDP Will Show