To calculate GDP using the expenditure approach, in part it is ...

[serike]

To calculate GDP using the expenditure approach, in part it is necessary to add exports and subtract imports.
 
  Indicate whether the statement is true or false

Question 2

The above figure illustrates Mary's production possibilities frontier. If Mary wants to move from point d to point c, she must
 
  A) improve technology.
  B) increase her accumulation of capital.
  C) give up some of good X in order to obtain more of good Y.
  D) give up some of good Y in order to obtain more of good X.

[durant1234]

Answer to Question 1

TRUE

Answer to Question 2

C