Multiple Choice
Which of the following statements is true?
A) GDP calculated by income approach is greater than GDP calculated by expenditure approach.
B) GDP calculated by product approach is greater than GDP calculated by expenditure approach.
C) GDP calculated by expenditure approach is greater than GDP calculated by product approach.
D) All three approaches for calculating GDP will result in the same value for GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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