Gross domestic product can be calculated as the sum of which components?

Correct answer C. Consumption, investment, government purchases and net exports

Explanation

Using the expenditure approach, GDP equals consumption plus investment plus government purchases plus net exports, written as Y = C + I + G + NX.

Report a problem

Answer checked How we write and check questions

Tip: press A, B, C or D to answer, and N for the next question.

Advertisement

Have a question about this answer?

Your email address will not be published. Required fields are marked *

Links and website addresses are not allowed in comments.