The national spending approach classifies all of the spending in a nation as consumption,investment,government purchases,or net exports.

Question

Quizplus · Accepted Answer

This is true. The national spending approach does indeed classify all spending in a nation as consumption, investment, government purchases, or net exports. This approach is often used to measure a nation's gross domestic product (GDP).

The National Spending Approach Classifies All of the Spending in a Nation