The expenditures approach for calculating GDP includes all of the following except

Name: The expenditures approach for calculating GDP includes all of the following except
Brand: Quizplus
Rating: 5.0 (63 reviews)

Question

Quizplus · Accepted Answer

The expenditures approach to calculating GDP includes government purchases of goods and services (A), net exports of goods and services (C), and personal consumption expenditures (D), but not national income (B). National income is a different measure that sums up incomes earned by factors of production.

The Expenditures Approach for Calculating GDP Includes All of the Following