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In Order to Measure Gross Domestic Product,we Can Follow

Question 1

Multiple Choice

In order to measure gross domestic product,we can follow


A) only one approach: the circular flow approach.
B) only one approach: the national accounts approach.
C) two approaches: the expenditure approach and the income approach.
D) three approaches: the expenditure approach,the income approach,and the production approach.
E) three approaches: the expenditure approach,the income approach,and the market-based approach.

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