The two main approaches to measuring GDP are the
A. income approach and the expenditure approach.
B. government approach and the consumer approach.
C. flow approach and the stock approach.
D. concept approach and the reality approach.
Answer: A
Economics
You might also like to view...
An increase in the price level in Japan relative to the price level in the United States will shift the demand curve for dollars leftward and the dollar depreciates or becomes weaker
a. True b. False Indicate whether the statement is true or false
Economics
Average total cost equals
a. change in total costs divided by quantity produced. b. change in total costs divided by change in quantity produced. c. (fixed costs + variable costs) divided by quantity produced. d. (fixed costs + variable costs) divided by change in quantity produced.
Economics