What Is Included When Using the Expenditure Method to Estimate

question 30

Multiple Choice

What is included when using the expenditure method to estimate GDP?

• A) Consumption, investment, government purchases, and net exports
• B) Consumption, government revenues, durable goods, and net exports
• C) Consumption, capital investment, government purchases, and exports
• D) Consumption, investment, government purchases, and imports

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Definitions:

Given Range

A specified interval, set, or domain of numbers or values.

Caption

Text appearing beneath or alongside an image, figure, or table, providing explanatory information or context.

Alternate

Serving or used in place of another; secondary or substitute.

Abbreviation

A shortened form of a word or phrase used to save space or avoid repetition.