All of the following are measures of GDP except the total:
A) expenditures of all businesses in the economy.
B) income from all production in the economy.
C) expenditures on all final goods and services produced.
D) value of all final production.

Question

Quizplus · Accepted Answer

GDP measures the total value of all final goods and services produced within a country's borders in a specific time period, the income from all production, and the expenditures on all final goods and services. It does not specifically measure the total expenditures of all businesses, as businesses' expenditures can include intermediate goods, which are not counted in GDP to avoid double counting.

All of the Following Are Measures of GDP Except the Total