which-of-the-following-correctly-describes-the-expenditure-approach-to-gdp-calcu

Question

Which of the following correctly describes the expenditure approach to GDP calculation?

Accepted Answer

GDP = Consumption + Investment + Government Purchases + Net Exports

Answer

GDP = Consumption + Investment + Government Purchases + Imports

Answer

GDP = Consumption + Investment + Transfer Payments + Net Exports

Answer

GDP = Consumption + Financial Investments + Government Purchases + Net Exports