One method of calculating Gross Domestic Product (GDP) is to add together

A. consumption, investment, government spending, and net exports.
B. consumption, wages, interest, rental income, and exports.
C. investment, consumption, gross profits, and net exports.
D. wages, gross profits, net investment, and net exports.

Answer: A

Economics

You might also like to view...

When would demand for a good be more inelastic?

a) when there are fewer available substitutes b) when the time period is considered longer c) when the good is considered more of a luxury good d) when the market is more narrowly defined

Economics

Which of the following countries had the MOST illiterate labor in 2010?

a. the United States b. China c. Japan d. India

Economics