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:

Intimate Groups

Small social groups characterized by close, personal, and enduring relationships.

Adolescent Mothers

Young females, typically in their teens, who are in the stage of having given birth and are navigating the responsibilities of motherhood.

Medical Complications

Unintended and problematic outcomes that arise during or as a result of medical treatment or a patient's underlying medical condition.

Pregnancy

A term describing the period during which a fetus develops inside a woman's uterus, typically lasting around forty weeks from the last menstrual period.