The components of the expenditure approach to measuring GDP include all of the following EXCEPT
A) net exports.
B) government purchases of goods and services.
C) expenditures for business investments.
D) the implicit payments for unpaid household work.

Question

Quizplus · Accepted Answer

The components of the expenditure approach to measuring GDP include consumption expenditures, investments, government purchases, and net exports. The implicit payments for unpaid household work are not included in GDP as they are not purchased in the market. They are considered non-market activities.

The Components of the Expenditure Approach to Measuring GDP Include