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Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371Economic Analysis of Social Issues 1st Edition by Alan Grant
Edition 1ISBN: 978-0134098371 Exercise 15
The____ adds up total spending on final goods and services made by the various types of spending units in order to compute GDP.
A) Income approach
B) Expenditure approach
C) Goods and services approach
D) Factor approach
A) Income approach
B) Expenditure approach
C) Goods and services approach
D) Factor approach
Explanation
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GDP refers to the market value of all fi...
Economic Analysis of Social Issues 1st Edition by Alan Grant
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