Two Equivalent Ways to View a Closed Economy's GDP Are

Multiple Choice

Two equivalent ways to view a closed economy's GDP are as the:

A) total payments made to all workers in the economy or the total profits of all firms and businesses in the economy.
B) total expenditures on all goods produced in the economy or the total income earned from producing all services in the economy.
C) total profits of all firms and businesses in the economy or the total consumption of goods and services by all households in the economy.
D) total income of everyone in the economy or the total expenditure on the economy's output of goods and services.