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Which equation summarizes the expenditures approach to measuring GDP?
Bank Indebtedness
A financial obligation or debt to a bank, often in the form of loans, overdrafts, or lines of credit.
Current Liability
An obligation that a company is expected to pay within the next year or within the normal operating cycle.
Non-current Liability
Long-term financial obligations that are due beyond one year or beyond the normal operating cycle.
Cash Equivalents
Short-term, highly liquid investments that can be easily converted into a known amount of cash with minimal risk of changes in value.
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