Economics

posted by .

How does the expenditure approach calculate GDP?
____________________________________

A. It adds up all the incomes in the economy.

B. It adds up the value of four groups of final goods and services.

C. It adds up the value of business goods and services.

D. It adds up the value of consumer goods and services****

I am almost 100% sure that this is the answer...I looked at it with a fresh mind today and I realized the answer was right in front of my face and it was so obvious! Please tell me I am right?

  • Economics -

    Nirvana, you obviously did not read the article I posted for you yesterday. Please do not repost another wild guess on this question again.

  • Economics -

    I did. I thought I was right. Sorry :( I tried and failed again

  • Economics -

    B. It adds up the value of four groups of final goods and services.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Econ

    Total value of all assets in US YEAR ...total value of all final services in US ...total value of all final goods in US ...final goods and services produced by American firms in other countries ^ If I knew everything above, how would …
  2. bus 100

    Operations Management" Please responds to the following: Review the major responsibilities of the operations manager and determine which responsibility is the most challenging. Assess and discuss your ability to succeed in this type …
  3. economics

    How does the expenditure approach calculate GDP?
  4. mat

    Sally claims that it is easier to add two fractions if she adds the numerators and then adds the denominators. How can you help her?
  5. Math

    tom has a collection of 50 cds and nita has a collection of 38 cds. Each month tom adds two cds and nita adds four how many months will it take until they have the same amount?
  6. MATH

    Starting from the point (0,0), a grasshopper makes a series of leaps on the coordinate plane. The grasshopper's first leap takes her to (3,4). After a move which adds (x,y) to the grasshopper's coordinates, her next move adds either …
  7. Math Geometry

    Starting from the point (0,0), a grasshopper makes a series of leaps on the coordinate plane. The grasshopper's first leap takes her to (3,4). After a move which adds (x,y) to the grasshopper's coordinates, her next move adds either …
  8. math

    gail is cooking a healthy snack. she adds 2/3 cup of raisins and 6/7 cup of peanuts. Estimate the total amount that gail adds.
  9. Economics

    How does the expenditure approach calculate GDP?
  10. Math-Geometry

    Starting from the point (0,0), a grasshopper makes a series of moves on the coordinate plane. The grasshopper's first move takes her to (3,4). She then proceeds via this rule: Move Rule: After a move which adds (x,y) to the grasshopper's …

More Similar Questions