Multiple Choice
The expenditure approach for the calculation of GDP includes spending on:
A) consumption, investment, durable goods and exports.
B) consumption, gross private domestic investment, government spending for goods and services, and exports.
C) consumption, gross private domestic investment, government spending for goods and services, and net exports.
D) consumption, net private domestic investment, government spending for goods and services, and net exports.
E) consumption, gross private domestic investment, all government spending including transfer payments, and net exports.
Correct Answer:

Verified
Correct Answer:
Verified
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