GDP Can Be Computed as the Sum of

question 20

Multiple Choice

GDP can be computed as the sum of

• A) the total expenditures of consumption, investment, government expenditure on goods and services, and net exports over a period of time.
• B) the total expenditures of consumption, investment, and government expenditure on goods and services over a period of time.
• C) all sales that have taken place in an economy over a period of time.
• D) the total expenditures of consumers and business over a period of time.

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Definitions:

Fat Stores

Accumulated deposits of lipids in the body's adipose tissue, serving as a source of energy.

Calories Expended

The amount of energy used by the body in performing activities, measured in calories.

Stable Weight

A condition where an individual’s body weight remains relatively constant over a period of time.

Metabolism

The biochemical processes that occur within a living organism, necessary for maintaining life, including converting food into energy.