Which of the following is included in the expenditures approach to GDP? Select one: CA. expenditures on used clothing at garage sales O B. the value of stocks and bonds bought by businesspersons C C. government spending on welfare payments D. spending on meals by consumers at restaurants

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
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Which of the following is included in the expenditures approach to GDP?
Select one:
C A. expenditures on used clothing at garage sales
O B. the value of stocks and bonds bought by businesspersons
C C. government spending on welfare payments
O D. spending on meals by consumers at restaurants
Transcribed Image Text:Which of the following is included in the expenditures approach to GDP? Select one: C A. expenditures on used clothing at garage sales O B. the value of stocks and bonds bought by businesspersons C C. government spending on welfare payments O D. spending on meals by consumers at restaurants
Net exports are negative when
Select one:
CA the economy's stock of capital goods is declining.
C B.a nation's exports exceed its imports.
CC.a nation's imports exceed its exports.
CD. depreciation exceeds domestic investment.
Transcribed Image Text:Net exports are negative when Select one: CA the economy's stock of capital goods is declining. C B.a nation's exports exceed its imports. CC.a nation's imports exceed its exports. CD. depreciation exceeds domestic investment.
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