Which Approach Measures GDP by Adding Together Consumption, Investment, Government

question 209

Multiple Choice

Which approach measures GDP by adding together consumption, investment, government purchases, and net exports?

• A) the national spending approach
• B) the factor income approach
• C) the product approach
• D) the value-added approach

---

Definitions:

Electrically Neutral

A state where an object or system has no net electrical charge and is not influenced by external electric fields.

Positive Charge

An electrical condition resulting from a deficit of electrons on an atom or molecule, leading to a net positive electric charge.

Series-parallel

A circuit configuration that combines elements in both series and parallel to achieve desired electrical characteristics.

Current Flow

The movement of electric charge carriers like electrons or ions, through a conductor or space, typically measured in amperes (A).