Which approach to calculating GDP would be best to compare consumer activity versus government purchases?
A. The expenditure approach
B. The income approach
C. The value-added approach
D. Any of these measurements will allow that comparison equally well.
A. The expenditure approach
Economics
You might also like to view...
If companies decrease investment spending because of lower expected returns on projects, forecasters should anticipate (everything else the same) that
A) GDP will rise. B) the money supply will fall. C) interest rates will fall. D) saving will increase.
Economics
Federal Reserve districts
A) conform to state boundaries. B) group together economically similar states. C) have equal populations. D) cut across state and economic boundaries.
Economics