GDP During a Period Can Be Calculated by Summing Either

question 133

Multiple Choice

GDP during a period can be calculated by summing either

• A) the purchases of domestically produced final goods and services or the cost incurred in the production of those goods.
• B) the amount received by business firms for consumer goods and services or the spending of business firms on investment goods and services.
• C) all household expenditures on final goods and services or all business purchases of factors of production.
• D) sales of goods and services to foreigners or the purchase of goods and services from foreigners