The Expenditures or Output Approach to GDP Measures It by Summing

question 210

Multiple Choice

The expenditures or output approach to GDP measures it by summing up

• A) compensation of employees, rents, interest, dividends, undistributed corporate profits, proprietors' income, indirect business taxes paid, consumption of fixed capital, and net
• Foreign factor income earned in the United States.
• B) compensation of employees, rents, interest, dividends, corporate profits, proprietors' income, and indirect business taxes, and subtracting the consumption of fixed capital.
• C) the total spending for consumption, investment, net exports, and government purchases.
• D) the total spending for consumption and government purchases, but subtracting public and private transfer payments.

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Definitions:

Positive Emphasis

The practice of focusing on or highlighting the positive aspects of a situation, product, or service.

Negative Situation

An adverse or undesirable circumstance or event.

Euphemism

A mild or indirect word or expression used to replace one considered too harsh or blunt when referring to something unpleasant or embarrassing.

Negative Connotations

Words or phrases that evoke negative feelings or associations.