Examlex
Which of the following is/are NOT included in the expenditure approach to national income accounting?
Interest Rates
The cost of borrowing money, expressed as a percentage, which lenders charge borrowers for using their money for a period of time.
Price Ceiling
A government-imposed limit on how high a price is charged for a product, meant to protect consumers from conditions that could make commodities prohibitively expensive.
Shortage
A market condition where the demand for a product exceeds its supply at a particular price.
Surplus
is a situation in which the quantity of a good or service available exceeds the quantity demanded at the current price.
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