Which of the Following Items Is NOT a Component of the Expenditure

question 65

Multiple Choice

Which of the following items is NOT a component of the expenditure approach to measuring Australia's GDP?

• A)Purchases of Australian- made movies by New Zealand
• B)Social security payments made by the government
• C)Purchases of food made by families
• D)Purchases of new homes made by families

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Definitions:

Return on Investment

A measure of the profitability of an investment, calculated by dividing the net gains from the investment by its cost.

Investment Turnover

A ratio measuring how efficiently a company generates sales from its inventory investments.

Profit Margin

A financial metric expressing the percentage of revenue that remains as profit after all operating expenses are deducted.

Return on Investment

A financial metric used to measure the efficiency of an investment, calculated by dividing the profit gained from the investment by its cost.