Calculate gdp in the expenditure approach

Reference no: EM13197655

How does the expenditure approach calculate GDP?

A. It adds up all the incomes in the economy.

B. It adds up the value of four groups of final goods and services.

C. It adds up the value of business goods and services.

D. It adds up the value of consumer goods and services.

Reference no: EM13197655

Questions Cloud

Why daniel would suffer a deduction : Daniel agreed to erect an apartment building for Steven for $750,000, and that Daniel would suffer a deduction of $1,000 per day for every day of delay. Daniel was twenty days late in finishing the job, losing ten days because of a strike and ten ..

Social security improve its effectiveness towards its social : In what ways can Social Security improve its effectiveness towards its social goals?

Calculate price adjustments for types of of anti-dilution : Calculate the price adjustments for the two types of anti-dilution provisions. Which anti-dilution clauses do the Series A investors prefer? What about the Series B investors?

Define social security impact the criminal justice system : How would Social Security impact the criminal justice system in the future?" I need 1 or 2 Scholarly Journal articles and where to locate them; the government

Calculate gdp in the expenditure approach : How does the expenditure approach calculate GDP. It adds up all the incomes in the economy, It adds up the value of four groups of final goods and services or else.

Explain how to create a budget : Refer to the City of Granston Case. Using the ‘Current Year Q-3' data in Exhibit 2 and Exhibit 3, create a project supply and materials budget based on the information in the case. Your budget must include a one paragraph introduction on the impor..

Define a program that uses a method called palindrome : Write a program that uses a method called palindrome ( ) to determine if a number input by the user is a palindrome or not. For example 1221 is a palindrome since it can be read the same way forwards and backwards.

Pricing of follow-up rounds : How does your answer to 5b change if Vulture Ventures made a pro-rata investment - Pricing of follow-up rounds and the right of first refusal

The structural-functional and conflict schools of sociology : Explain the difference between the structural-functional and conflict schools of sociology. Please use examples to explain the two

User Account

All Pages