How Is the Expenditure Method of Measuring GDP Calculated

question 4

Multiple Choice

How is the expenditure method of measuring GDP calculated?

• A)by adding up I + G + X
• B)by adding up the final goods and services purchased domestically during a given period
• C)by adding up domestic production of final goods and services for consumers, firms, government, and the international sector (through net exports)
• D)by adding up the total expenditure of all firms incurred in the production of goods and services

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