Author Question: The expenditure approach for the calculation of GDP includes spending on: a. consumption, ... (Read 28 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
The expenditure approach for the calculation of GDP includes spending on:
 a. consumption, investment, durable goods and exports.
  b. consumption, gross private domestic investment, government spending for goods and services, and exports.
  c. consumption, gross private domestic investment, government spending for goods and services, and net exports.
  d. consumption, net private domestic investment, government spending for goods and services, and net exports.
  e. consumption, gross private domestic investment, all government spending including transfer payments, and net exports.

Question 2

The expenditure approach to GDP accounting includes:
 a. wages and salaries.
  b. net exports.
  c. net interest.
  d. corporate profit.
  e. proprietors' income.



sarajane1989

  • Sr. Member
  • ****
  • Posts: 296
Answer to Question 1

c

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

For a complete list of videos, visit our video library