This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Durable and nondurable goods and services lumped together in the expenditure approach to measuring ... (Read 101 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
on: Jun 30, 2018
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
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


xroflmao

  • Member
  • Posts: 515
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

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.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Percussing Liver Span, Measuring Liver Span Percussing Liver Span, Measuring Liver Span
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Two-Point Threshold Device for Measuring Touch Acuity Two-Point Threshold Device for Measuring Touch Acuity
Trees provide ecosystem services to people Trees provide ecosystem services to people
Measuring the client’s blood pressure Measuring the client’s blood pressure
Varcarolis' Foundations of Psychiatric Mental Health Nursing: A Clinical Approach Varcarolis' Foundations of Psychiatric Mental Health Nursing: A Clinical Approach
Video: Digestive chemicals - types & enzymes

For a complete list of videos, visit our video library