The expenditure (demand) approach to measuring GDP: A) uses of the factor payments made by household to government. B) u

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The Expenditure Demand Approach To Measuring Gdp A Uses Of The Factor Payments Made By Household To Government B U 1 (22.21 KiB) Viewed 9 times

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The expenditure (demand) approach to measuring GDP: A) uses of the factor payments made by household to government. B) uses household expenditures to back out national income and GDP. OC) focuses on how income is spent, not earned. D) uses the factors payments made by households to businesses to estimate GDP.

If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are -$10 billion, government purchases are $20 billion, sales of secondhand are $8 billion, and gross investment is $25 billion, what is the country GDP for that year? A) $125 billion OA) $123 billion B) C) $133 billion C) $125 billion D) B) $85 billion

Investment, as defined by economists, would not include which of the following? General Motors: A) buys U.S government bonds. B) builds another assembly plant. OC) adds 1000 new cars to inventories. D) buys a new robotic machine.