Calculate gdp in the expenditure approach

Assignment Help Macroeconomics
Reference no: EM13197655

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.

Reference no: EM13197655

Questions Cloud

Why daniel would suffer a deduction : Daniel agreed to erect an apartment building for Steven for $750,000, and that Daniel would suffer a deduction of $1,000 per day for every day of delay. Daniel was twenty days late in finishing the job, losing ten days because of a strike and ten ..
Social security improve its effectiveness towards its social : In what ways can Social Security improve its effectiveness towards its social goals?
Calculate price adjustments for types of of anti-dilution : Calculate the price adjustments for the two types of anti-dilution provisions. Which anti-dilution clauses do the Series A investors prefer? What about the Series B investors?
Define social security impact the criminal justice system : How would Social Security impact the criminal justice system in the future?" I need 1 or 2 Scholarly Journal articles and where to locate them; the government
Calculate gdp in the expenditure approach : How does the expenditure approach calculate GDP. It adds up all the incomes in the economy, It adds up the value of four groups of final goods and services or else.
Explain how to create a budget : Refer to the City of Granston Case. Using the ‘Current Year Q-3' data in Exhibit 2 and Exhibit 3, create a project supply and materials budget based on the information in the case. Your budget must include a one paragraph introduction on the impor..
Define a program that uses a method called palindrome : Write a program that uses a method called palindrome ( ) to determine if a number input by the user is a palindrome or not. For example 1221 is a palindrome since it can be read the same way forwards and backwards.
Pricing of follow-up rounds : How does your answer to 5b change if Vulture Ventures made a pro-rata investment - Pricing of follow-up rounds and the right of first refusal
The structural-functional and conflict schools of sociology : Explain the difference between the structural-functional and conflict schools of sociology. Please use examples to explain the two

Reviews

Write a Review

 

Macroeconomics Questions & Answers

  Should edith and mathew continue to use highway for travel

To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed o..

  Application of heckscher

Which country is capital abundant according to the Heckscher-Ohlin theorem? Given your answer to (a), draw the PPF for Canada. Also draw the indifference curve and the relative price line for the no-trade equilibrium.

  Caviar in a submerged city

Recently submerged kingdom of Atlantis is populated through identical rational air breathing individuals. The king has decided to give an award to the industry whose product yields kingdom most economic value.

  Relationship among consumption expenditures

Relationship among consumption expenditures and inventories as well as their interdependence, and think in terms of the Multiplier.

  Economic threats or opportunities for the us

Determine the economic implications for the United States of the increase of China and India as significant economic powers.

  Find the equilibrium price and quanitity

Find the equilibrium price and quanitity. If the curent pice of te product is $100, what is the quantity supplied and the quantity demanded? How would you describe this situation, and what would you expect to happen in the market?

  Solving social security

Retirement of baby boomers threatens the Social Security system because number of retirees will be relatively large compared to number of workers remaining by 2020

  Explain how has technology impacted globalization process

Explain how has technology impacted the globalization process. Is this positive or negative in the short run? What about in the long run.

  Explain how governments use monetary and fiscal policy

Explain how governments use monetary and fiscal policy to manage the economy and use technology and information resources to research issues in principles of economics.

  Result from a change in nominal money supply

A change in the real money supply can result from a change in nominal money supply through Federal Reserve policy.

  Explain supply-and-demand diagram

"When a cold snap hits Florida, the price of orange juice rises in supermarkets throughout the country." b. (When the weather turns warm in New England every summer, the price of hotel rooms in Caribbean resorts plummets." c. "When a war breaks ou..

  Impliment formula to earnings rather than operating income

Impliment the formula to earnings rather than operating income also use a required return for equity of 9 percent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd