The Four Components That Make Up GDP in the Expenditure

question 26

Multiple Choice

The four components that make up GDP in the expenditure approach are:

• A) C, I, G, and NX.
• B) C, I, G, and EX.
• C) K, I, G, and NX.
• D) C, I_{m, G, and EX.}

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Definitions:

Consideration of Marriage

Consideration of marriage is the legal or moral obligation taken into account when entering into a marriage contract, often involving mutual promises or agreements that form the basis of the relationship.

Money Judgment

A court order requiring one party to pay a sum of money to another party as compensation for losses or damages.

Interpretation of Contracts

The process of determining the meaning and intent behind the written terms of a contract by examining its language, context, and the parties' intentions.

Technical Terms

Specialized vocabulary associated with a specific field of study, profession, or activity, used to communicate precisely within that context.