The ______ is a method of calculating GDP by adding how much market participants spend on final goods and services over a specific period of time.

a. investment approach
b. value-added approach
c. production approach
d. expenditure approach

d. expenditure approach

Economics

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Drivers who enter an expressway during the rush hour create negative externalities whenever they

A) could have taken another route. B) drive under the speed limit. C) fail to yield as they merge. D) have no other passengers in their vehicles. E) inadvertently slow down all the drivers behind them.

Economics

What unusual policy actions did the Fed take during the Financial Crisis of 2007-2009 that affected its balance sheet?

What will be an ideal response?

Economics