EduFarming
Your list · 0हिं

Type at least two letters. Press Esc to close.

↑↓ navigate↵ openTAB cycle filter

Measuring National Income · Question 18 of 69

Question 18

EasyOriginal question

Which of these is counted in GDP under the expenditure method?

Options for question 18

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Spending on a new final good is final consumption expenditure.

  2. Shares and second-hand goods are not current output; a scholarship is a transfer.

Concept
Final expenditure
Typical time
40 s
Your time
—
The rule this testsExpenditure method
Practise this chapter →

Ten questions from Measuring National Income, at your own pace.

Practise this chapter →

Ten questions from Measuring National Income, at your own pace.