Which of the following is NOT a component of GDP when calculated by the expenditure approach?
A) salaries
B) consumer purchases
C) government purchases
D) net exports

Question

Quizplus · Accepted Answer

Salaries are not directly counted in GDP when calculated by the expenditure approach. GDP by expenditure is the sum of consumer spending, investment, government spending, and net exports (exports minus imports). Salaries are part of the income approach to GDP, not the expenditure approach.

Which of the Following Is NOT a Component of GDP