Which of the Following Is NOT Part of the Expenditure

question 69

Multiple Choice

Which of the following is NOT part of the expenditure approach to measuring GDP?

• A)Saving
• B)Net exports of goods and services
• C)Personal consumption expenditures
• D)Gross private domestic investment

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Definitions:

Money Supply

The collective sum of money assets in an economy at a certain timeframe.

Standard of Living

The degree of prosperity, convenience, material possessions, and essential needs accessible to a specific social or economic group or particular location.

Open Market

A marketplace where buyers and sellers engage in trade of goods, services, and financial instruments freely and openly.

Offline Programming

The practice of creating and testing programs for automated systems without directly interacting with the physical machinery.