The equation for GDP using the expenditure approach is
A. GDP = C + I + G - EX - IM.
B. GDP = C + I + G + EX - IM.
C. GDP = C + I + G + EX + IM.
D. GDP = C + I + G + (IM - EX).
Answer: B
Economics
A. GDP = C + I + G - EX - IM.
B. GDP = C + I + G + EX - IM.
C. GDP = C + I + G + EX + IM.
D. GDP = C + I + G + (IM - EX).
Answer: B