Multiple Choice
Which equation is the BEST one for GDP?
A) GDP = C+ I + G - X + IM
B) GDP = C + I + G + X - IM
C) GDP = C + I + G + taxes - value added
D) GDP = C + I + G + taxes + X + IM
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q147: The portion of a firm's profit paid
Q148: Purchases of foreign-produced goods and services are:<br>A)
Q149: Households do NOT derive income from:<br>A) wages
Q150: Use the following to answer questions: <img
Q151: Use the following to answer question 129:
Q153: Use the following to answer questions: <img
Q154: In the United States, investment spending accounts
Q155: Goods that are produced in a particular
Q156: Which example illustrates consumption?<br>A) a new computer
Q157: Nominal GDP:<br>A) has not been adjusted for