Which of the Following Is True Regarding Gross Domestic Product

question 189

Multiple Choice

Which of the following is true regarding Gross Domestic Product?

• A)It can only be measured from the flow of total spending.
• B)It can only be measured from the flow of total income in the economy.
• C)It can be measured either from total spending or total expenditure.
• D)It is calculated by computing total spending and total income; the larger of the two figures is counted as GDP.
• E)It can only be measured from the stock of total wealth.

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