Author Question: All final goods and services that make up GDP can be expressed in the form: a. GDP = C + I G + (X ... (Read 147 times)

jparksx · **on:** Jun 30, 2018

All final goods and services that make up GDP can be expressed in the form:
a. GDP = C + I G + (X + M).
b. GDP = C + I + G + (X + M).
c. GDP = C + I + G + (X M).
d. GDP = C + I + (X M).
e. GDP = C + I + G.

Question 2

Using the expenditure approach, gross private domestic investment is the sum of:
a. newly produced capital goods.
b. fixed investment.
c. changes in business inventories.
d. all of these.