Theoretically, Why Should the Expenditure and Income Approaches to Calculating

question 82

Multiple Choice

Theoretically, why should the expenditure and income approaches to calculating GDP give us the same results?

• A) because they have the same components
• B) because every dollar spent is a dollar earned
• C) because of accounting errors
• D) because theoretically consumption equals the sum of all factor incomes

---

Definitions:

Knowing-Doing Gap

The divergence between what individuals or organizations know they should do and what they actually do.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization, overseeing and directing the work of others.

Job Enrichment

The process of making a job more rewarding, challenging, and interesting by adding more meaningful tasks to enhance employee satisfaction and performance.

Diffusion

The process by which an innovation is communicated through certain channels over time among the members of a social system.