Question 17
EasyOriginal questionUnder the expenditure method, GDP at market price equals
Show the answer and explanation
CorrectNot quiteAnswer B
Correct answer: B
Explanation
Final spending by households (C), firms (I), the government (G) and foreigners net of imports (X − M).
- Concept
- Expenditure method
- Typical timeTypical
- 40 s
- Your timeYours
- —
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