Author Question: The four categories of expenditure used by the expenditure approach method to calculate GDP are ... (Read 143 times)

jazziefee · **on:** Jun 29, 2018

The four categories of expenditure used by the expenditure approach method to calculate GDP are

A) consumption expenditure, taxes, saving and investment.
B) consumption expenditure, investment, net imports and saving.
C) saving, taxes, government expenditure and investment.
D) consumption expenditure, investment, government expenditure and net exports.

Question 2

All of the following are points of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 EXCEPT

A) creating a Consumer Financial Protection Bureau.
B) requiring mortgage lenders to review income and credit histories of applicants to ensure they can afford payments.
C) imposing tighter restrictions on banks to limit risky investments.
D) requiring firms that create mortgage backed securities to keep at least 50 percent of their value as reserves.