Solved

GDP Can Be Calculated by All of the Following Methods

Question 96

Multiple Choice

GDP can be calculated by all of the following methods except


A) Adding up the spending on goods and services by business,government,households,and foreigners,and subtracting imports.
B) Adding up the "value added" at every stage of production in the economy.
C) Adding up all of the receipts of households,government,and business.
D) Adding up all income and expenses by consumers and businesses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions