Determined based on spending on goods and services

Assignment Help Financial Management

Reference no: EM131051630

GDP is determined based on spending on goods and services (not on financial investments; nor transfers from one entity to another) or anticipation of such spending by:

A. households and business

B. Governments (federal plus state & local)

C. foreigners (exports less imports)

D. All of the above

Reference no: EM131051630

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