Which of the Following Is Included When Using the Expenditure

question 164

Multiple Choice

Which of the following is included when using the expenditure method to measure GDP?

• A) Corporate profits.
• B) Gross private-sector investment.
• C) Capital income.
• D) Net interest on the government debt.
• E) Labour incomE.

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Definitions:

Substitute Product

A product that can be used in place of another product, satisfying the same consumer needs or wants.

LRMC

Long-Run Marginal Cost, which refers to the additional cost of producing one more unit of a good or service when all inputs are variable in the long term.

Increase Traffic

Refers to the actions and strategies deployed to attract more visitors or users to a website, online platform, or physical location.

Parking Rates

The fees charged for the use of parking spaces, often varying based on location, time, and demand.