Author Question: Durable and nondurable goods and services lumped together in the expenditure approach to measuring ... (Read 121 times)

xroflmao · **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.