What is the expenditure approach to measuring GDP? The expenditure approach to measuring GDP sums together and the largest component is O A. consumption expenditure, investment, govermment expenditure on goods and services, and net exports; consumption expenditure O B. net domestic income at factor cost, indirect taxes less subsidies, and depreciation; net domestic income at factor cost OC. consumption expenditure, investment, government expenditure on goods and services, and net exports, government expenditure on goods and services D. compensation of employees, net interest, rental income, proprietors' income, and corporate profits, compensation of employees

What is the expenditure approach to measuring GDP? The expenditure approach to measuring GDP sums together and the largest component is O A. consumption expenditure, investment, govermment expenditure on goods and services, and net exports; consumption expenditure O B. net domestic income at factor cost, indirect taxes less subsidies, and depreciation; net domestic income at factor cost OC. consumption expenditure, investment, government expenditure on goods and services, and net exports, government expenditure on goods and services D. compensation of employees, net interest, rental income, proprietors' income, and corporate profits, compensation of employees

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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Question

explain it corrects.

not copy paste

What is the expenditure approach to measuring GDP?
The expenditure approach to measuring GDP sums together
and the largest component is
O A. consumption expenditure, investment, government expenditure on goods and services, and net exports
consumption expenditure
O B. net domestic income at factor cost, indirect taxes less subsidies, and depreciation;
net domestic income at factor cost
O C. consumption expenditure, investment, government expenditure on goods and services, and net exports,
government expenditure on goods and services
O D. compensation of employees, net interest, rental income, proprietors' income, and corporate profits;
compensation of employees

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