in-2009-the-united-states-gdp-was-calculated-using-both-the-income-and-expenditu

Question

In 2009, the United States GDP was calculated using both the income and expenditures approaches. If the expenditures approach yielded a GDP of $14,256 billion, what should the income approach yield, assuming all calculations are correct?

Accepted Answer

$14,256 billion

Answer

$14,500 billion

Answer

$14,000 billion

Answer

$13,800 billion

In 2009, the United States GDP was calculated using both the income and expenditures approaches. If the expenditures approach yielded a GDP of \$14,256 billion, what should the income approach yield, assuming all calculations are correct?