Multiple Choice
How is the expenditure method of measuring GDP calculated?
A) by adding up I + G + X
B) by adding up the final goods and services purchased domestically during a given period
C) by adding up domestic production of final goods and services for consumers, firms, government, and the international sector (through net exports)
D) by adding up the total expenditure of all firms incurred in the production of goods and services
Correct Answer:

Verified
Correct Answer:
Verified
Q1: What is the term for goods and
Q2: What does disposable income measure?<br>A)the income households
Q3: What is depreciation?<br>A)It is an indirect business
Q5: Which of the following is one result
Q6: Country A had a bigger underground economy
Q7: Which of the following is the most
Q8: What is the term for the measure
Q9: Which of the following is included in
Q10: What does GDP calculate?<br>A)the total revenue received
Q11: Which of the following is NOT part