This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Durable and nondurable goods and services lumped together in the expenditure approach to measuring ... (Read 120 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
on: Jun 30, 2018
Durable and nondurable goods and services lumped together in the expenditure approach to measuring GDP are called:
 a. Personal consumption.
  b. Gross private domestic investment.
  c. Government spending.
  d. Inventory.
  e. Employee compensation.

Question 2

Which one of the following is not a component of GDP, as measured using the expenditure approach?
 a. Personal consumption.
  b. Exports.
  c. Durable goods.
  d. Government spending.
  e. Interest.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Examination of the Thyroid Gland, Posterior Approach Examination of the Thyroid Gland, Posterior Approach
Measuring Patient Height Measuring Patient Height
HCPCs Modifiers Used for Medical Office Services HCPCs Modifiers Used for Medical Office Services
Measuring Oral Temperature Using an Electronic Thermometer Measuring Oral Temperature Using an Electronic Thermometer
Draw an Edgeworth box for two consumers over two goods Draw an Edgeworth box for two consumers over two goods
Genomics approach to gene identification following mutagenesis Genomics approach to gene identification following mutagenesis
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library