The Expenditure Approach to Measuring GDP Is Done by Using

question 188

Multiple Choice

The expenditure approach to measuring GDP is done by using data on only

• A)consumption expenditure.
• B)consumption expenditure and investment.
• C)consumption expenditure,investment,government expenditure on goods and services,and net exports of goods and services.
• D)consumption expenditure,investment,and government expenditures.
• E)wages,rent,interest,and profit.

---

Definitions:

Staples

Metal wire or plastic pieces used to bind materials together, typically papers or the edges of wounds in medical suturing.

Central Route

A method of persuasion that involves careful and thoughtful consideration of the arguments presented, leading to lasting attitude change.

Persuasion

The act of convincing someone to do or believe something through reasoning or the use of another method.

Financial Investment

An allocation of resources, typically money, into assets or endeavors expected to generate financial returns or growth over time.