Gross domestic product is equal to the sum of all of the following EXCEPT:
A)personal consumption expenditures
B)gross exports D is the answer as net exports are gross exports - imports.Could be confusing to students.Note the next item is identical to this one without the misleading term.
C)government expenditures
D)all of the above are included

Question

Quizplus · Accepted Answer

Gross domestic product includes personal consumption expenditures, government expenditures, and gross exports. However, it does not include net exports (i.e. exports minus imports).

Gross Domestic Product Is Equal to the Sum of All