25. Which statement is true? a. The income method for calculating GDP gives a higher result for GDP than the expenditure method b. The product method for calculating GDP gives a higher result for GDP than the expenditure method c. all methods for calculating GDP by construction give the same result d. The results for GDP using the 3 methods are unequal, regardless which is the biggest

25. Which statement is true? a. The income method for calculating GDP gives a higher result for GDP than the expenditure method b. The product method for calculating GDP gives a higher result for GDP than the expenditure method c. all methods for calculating GDP by construction give the same result d. The results for GDP using the 3 methods are unequal, regardless which is the biggest

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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