Spending on imports should get _________ GDP, and spending on exports should be __________.
A) subtracted from; included
B) included in; included as well
C) subtracted from; subtracted as well
D) included in; subtracted

Question

Quizplus · Accepted Answer

Spending on imports is subtracted from GDP because it represents spending on goods and services not produced domestically. Spending on exports is included in GDP because it represents domestic production sold abroad.

Spending on Imports Should Get _________ GDP, and Spending on Exports