In Calculating GDP by the Expenditure Approach, We Sum Up

question 7

Multiple Choice

In calculating GDP by the expenditure approach, we sum up:

• A)consumption, investment, government purchases, exports, and imports.
• B)investment, government purchases, consumption, and net exports.
• C)consumption, investment, wages, and rents.
• D)consumption, investment, government purchases, and imports.

---

Definitions:

Effective Apology

An apology that acknowledges wrongdoing, takes responsibility, offers a remedy, and genuinely expresses regret, thus facilitating reconciliation.

Acknowledgement

The act of recognizing or admitting the existence, truth, or validity of something.

Interpersonal Conflict

A disagreement or clash between individuals due to differences in beliefs, values, or interests.

Expressed Struggle

The overt display or communication of disagreement or opposition among individuals or groups.