The two conceptual approaches used to measure GDP are the expenditures approach and the incomes approach.

Name: The two conceptual approaches used to measure GDP are the expenditures approach and the incomes approach.
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This statement is true. The expenditures approach measures GDP by evaluating the total spending on goods and services in an economy, while the incomes approach measures GDP by calculating the total income earned by all individuals and organizations in an economy.

The Two Conceptual Approaches Used to Measure GDP Are the Expenditures