True/False
According to the national spending approach,imports must be subtracted from all other spending in the economy in the calculation of GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q75: Which of the following would NOT be
Q76: Growing tomatoes in your back yard and
Q77: The value of a car produced by
Q78: Suppose you spent $10,000 in 2010 remodeling
Q79: The calculation of GDP includes:<br>A) neither final
Q81: A farmer's purchase of a new tractor
Q82: GDP is the market value of all
Q83: The causes of business cycles are well
Q84: In general,during any given year:<br>A) GDP in
Q85: GDP:<br>A) is a measure of national wealth.<br>B)