To Calculate GDP by the Expenditure Method,one Must Add

question 174

Multiple Choice

To calculate GDP by the expenditure method,one must add

• A)wages,rents,interest,and profits.
• B)consumption spending,investment spending,government purchases,and net exports.
• C)consumption spending,investment spending,government purchases,and exports.
• D)labor,natural resources,entrepreneurship,and capital.

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Definitions:

Evolutionary Theory

A scientific theory that explains the diversity of life on Earth through the processes of natural selection, variation, competition, and inheritance.

General Relativity Theory

A fundamental theory in physics proposed by Albert Einstein, describing the force of gravity as a result of the curvature of spacetime caused by mass.

Gestalt Psychology

Perspective in which the whole influences constituent parts rather than vice versa.

Social Psychology

The examination of the impact that the genuine, envisioned, or hinted existence of others has on individuals' cognitive processes, emotional experiences, and conduct.