When measuring actual gross domestic product from the expenditure side,we use the following simple equation:
A) GNP = C + I + G + X.
B) GDP = C + I + G + (X -
) .
C) GDP =
+
+
+ (
-
) .
D) GNP =
+
+
+ (
-
) .
E) GDP = C + I + (G - transfers) + (X - IM) .
Correct Answer:
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