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Author Question: Durable and nondurable goods and services lumped together in the expenditure approach to measuring ... (Read 122 times)

xroflmao

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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.


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voltaire123

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


xroflmao

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Excellent

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