According to the expenditures approach, gross domestic product ...

[ereecah]

According to the expenditures approach, gross domestic product represents the sum of consumption spending, government spending, net exports, and net investment.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The value added approach involves adding up the value of the final product and the value of intermediate goods used in the production process.
 a. True
  b. False
  Indicate whether the statement is true or false

[enass]

Answer to Question 1

True

Answer to Question 2

False

[ereecah]

Thanks for the timely response, appreciate it

[lkanara2]

TYSM