Multiple Choice
The expenditure approach measures GDP by adding
A) compensation of employees, rental income, corporate profits, net interest, and proprietors' income.
B) compensation of employees, rental income, corporate profits, net interest, proprietors' income, subsidies paid by the government, indirect taxes paid, and depreciation.
C) compensation of employees, rental income, corporate profits, net interest, proprietors' income, indirect taxes paid, and depreciation and subtracting subsidies paid by the government.
D) consumption expenditure, gross private domestic investment, net exports of goods and services, and government expenditure on goods and services.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The circular flow shows that<br>A) aggregate production
Q3: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the information
Q4: Nominal GDP is<br>A) real GDP adjusted for
Q5: Which of the following are parts of
Q6: According to the BEA, in the second
Q8: The circular flow shows that aggregate spending
Q9: What is the relationship between actual and
Q10: Can nominal GDP ever be less than
Q11: In computing GDP, it is essential to<br>A)
Q12: A productivity growth slowdown can be shown