According to the Table,when Using the Expenditure Approach,GDP Is: Category

question 271

Multiple Choice

According to the table,when using the expenditure approach,GDP is: Category
Billions
Proprietors' income
$300
Capital consumption allowance
440
Federal government purchases of goods and services
200
Compensation of employees
800
Personal consumption expenditures
950
Corporate profits
90
Exports
60
Gross private domestic investment
500
Rental income
30
State and local government purchases of goods and services
150
Net interest
100
Federal government deficit
250
Imports
90

• A) $1,320 billion.
• B) $1,770 billion.
• C) $1,330 billion.
• D) $2,020 billion.

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Definitions:

Marketing Metrics

Marketing metrics are measurements used to evaluate the effectiveness and performance of marketing strategies and activities.

Marketing Strategy

The overall game plan of a company for reaching prospective consumers and turning them into customers of the products or services the business provides.

Financial Ratio

A quantitative measure that compares two financial variables from a company's financial statements, often used to assess its financial health.

Marketers

Professionals or organizations involved in the activities and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.