How does the expenditure approach calculate GDP?
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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?
Nirvana, you obviously did not read the article I posted for you yesterday. Please do not repost another wild guess on this question again.
I did. I thought I was right. Sorry :( I tried and failed again
B. It adds up the value of four groups of final goods and services.
If consumers increase their purchases of goods and services, then a likely outcome for our economy is
Responses
A rising unemployment.rising unemployment.
B decreasing factory orders.decreasing factory orders.
C rising GDP.rising GDP.
D slowing economic growth.
C. rising GDP.
Because Canada is a parliamentary democracy, its political leader
Responses
A is elected by an electoral college chosen by the unicameral legislature.is elected by an electoral college chosen by the unicameral legislature.
B is elected by the majority of the popular votes of its citizens.is elected by the majority of the popular votes of its citizens.
C is chosen by the party with the majority of members in the legislature.is chosen by the party with the majority of members in the legislature.
D is whoever is the eldest child of the current reigning monarch.
C. is chosen by the party with the majority of members in the legislature.
are u sure
Yes, I am sure. In a parliamentary democracy like Canada, the political leader is chosen by the party with the majority of members in the legislative body, which is known as the parliament. The leader of the majority party is usually appointed as the Prime Minister.
Which of these is a sign that a country is considered to be "developed"?
Responses
A high population growth ratehigh population growth rate
B diets low in proteindiets low in protein
C low literacy ratelow literacy rate
D low GDP per capita figureslow GDP per capita figures
E low birth rate