Which of the Following Is NOT a Component of GDP

question 75

Multiple Choice

Which of the following is NOT a component of GDP when calculated by the expenditure approach?

• A) salaries
• B) consumer purchases
• C) government purchases
• D) net exports

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Definitions:

Notes Receivable

Written promissory notes indicating the amounts due to be paid to the holder, recognized as assets on a company's balance sheet.

Maturity Value

The total amount payable to an investor at the end of a bond's term or the final payment due on a loan, including principal and any accrued interest.

Trade Receivables

Amounts owed to a company by its customers as a result of delivering goods or services on credit.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.