This topic contains a solution. Click here to go to the answer

Author Question: Durable and nondurable goods and services lumped together in the expenditure approach to measuring ... (Read 112 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
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
Answer to Question 1

a

Answer to Question 2

e




xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jun 30, 2018
Wow, this really help


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

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.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

For a complete list of videos, visit our video library