To Calculate GDP by the Expenditure Method,one Must Add

question 140

Multiple Choice

To calculate GDP by the expenditure method,one must add

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

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Definitions:

Cohabit

A rephrased definition for cohabitation, referring to the lifestyle of partners who live together in an intimate relationship without being married.

High School Education

A secondary education level that provides students with knowledge and skills necessary for entering higher education or the workforce.

Cohabitation

Being in a state where individuals live together and share a sexual connection without being wed.

In-Laws

Relatives by marriage, specifically the parents and siblings of one's spouse or the spouse of one's sibling.