In the Expenditure Approach to Measuring GDP, the Components of GDP

question 19

Multiple Choice

In the expenditure approach to measuring GDP, the components of GDP are

• A) consumption, investment, government expenditure, and net exports.
• B) consumption, taxes, saving, and investment.
• C) frictional unemployment, structural unemployment, and cyclical unemployment.
• D) inflation, unemployment, saving, and investment.

---

Definitions:

Etiology

The study of the causes or origins of diseases or conditions, aiming to understand why a disease develops.

Obsessive-Compulsive Personality Disorder

A personality disorder characterized by a pervasive pattern of preoccupation with orderliness, perfectionism, and control, at the expense of flexibility, openness, and efficiency.

Schedules

Planned sequences or timetables for activities, tasks, or events, often used to manage time and organize routines.

Trivial Details

Information or aspects that are considered insignificant or of little importance in the larger context or scheme of things.