Which of the Following Is Included in the Expenditures Approach

question 26

Multiple Choice

Which of the following is included in the expenditures approach to GDP?

• A) spending on meals by consumers at restaurants
• B) expenditures on used clothing at garage sales
• C) the value of stocks and bonds bought by businesspersons
• D) government spending on welfare payments

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Definitions:

Analog Input Module

A hardware component that receives and converts analog signals into digital data for a control system.

High Resistance Load

An electrical load that has a high level of resistance, thus requiring more voltage to achieve a desired current flow.