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

---

Definitions:

Cause Of Death

is the specific reason or condition leading to an individual's death, often determined by medical examination and listed on a death certificate.

Developmental Stage

A distinct phase within the human lifespan where specific physical, cognitive, or social milestones are typically achieved.

Fears About Death

The concerns or anxieties individuals might have regarding death or dying, which can affect their behaviors and psychological health.

Greatest

Describes the highest in quality, degree, or significance among all others in a group or category.