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2. Which of the following is NOT included in the calculation of GDP? a) Investment spending b) Government spending

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

2. Which of the following is NOT included
in the calculation of GDP?
a) Investment spending
b) Government spending

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23. Which of the following is used to calculate GDP through the expenditure approach? a.C + I + G + (X - M) b.C + I + G + (M -X ) c.C + I + G + X d.C + I + G + SClear my choice
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