Question 18
EasyOriginal questionWhich of these is counted in GDP under the expenditure method?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
Spending on a new final good is final consumption expenditure.
Shares and second-hand goods are not current output; a scholarship is a transfer.
- Concept
- Final expenditure
- Typical timeTypical
- 40 s
- Your timeYours
- —
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