The Expenditure Approach to Measuring GDP Sums

question 24

Multiple Choice

The expenditure approach to measuring GDP sums

• A) consumption,investment,government purchases,and net exports.
• B) sales,revenues,income,and wages.
• C) profits,compensation of employees,consumption,and investment.
• D) net exports,consumption,wages,and salaries.
• E) consumption,interest,net exports,and federal government purchases

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Definitions:

Political Practices

Activities or actions taken within the context of formal politics or governance, including campaigning, legislation, and policy making.

Religious Customs

Traditional practices and rituals followed by members of a religion.

Nature-nurture Issue

The debate surrounding the relative contributions of genetic inheritance (nature) and environmental factors (nurture) to human development and behavior.

Natural Selection

In evolutionary biology, a procedure where life forms more effectively adjusted to their habitat are more apt to thrive and reproduce at a greater rate.