The Expenditure Approach Measures GDP by Adding Together

question 98

Multiple Choice

The expenditure approach measures GDP by adding together

• A)wages, salaries and supplementary labour income, and other factor incomes.
• B)wages, salaries and supplementary labour income, other factor income, subsidies paid by the government, indirect taxes paid, and income of nonfarm unincorporated businesses.
• C)compensation of employees, rental income, corporate profits, net interest, proprietors' income, indirect taxes paid, and capital consumption expenditures, and by subtracting subsidies paid by the government.
• D)the total expenditures of consumers, firms, net exporters, and by governments at all levels.
• E)the total expenditures of consumers and firms.

---

Definitions:

Sharing

The act of allowing others to use or view files, resources, or information, often facilitated through digital means.

Moving Picture

Another term for a video or animated graphic, which displays images in a sequence to create the illusion of motion.

Monitor

An electronic visual display for computers, which displays images and data generated by the computer's graphics card.

Properties

Characteristics or attributes that define and describe an object, element, or substance.