Scarcity is a problem faced by all but the wealthiest of citizens.
a. True
b. False
Indicate whether the statement is true or false
Question 2
The expenditure method of measuring GDP is calculated by adding up:
a. the final goods and services produced domestically during a given period.
b. C + I + G + (X M).
c. domestic production of final goods and services for consumers, firms, government, and the international sector (through net exports).
d. all of the above.
