Which of the following best represents the Income approach for computing GDP? *
a.GDP = R+W+I+P
b.GDP = C+Ig+G=X-M
c.GDP = L+L+C+E
d.GDP = CE
e.None of these.

Question

02-02-2021
Advanced Placement (AP)

contestada

Which of the following best represents the Income approach for computing GDP? *
a.GDP = R+W+I+P
b.GDP = C+Ig+G=X-M
c.GDP = L+L+C+E
d.GDP = CE
e.None of these.

Respuesta :

Otras preguntas

6. Which choice shows the proper way to use a colon? Warnings are written: on the following labels medicines, cleaning products, and some foods. Warning: If tak

What invention most helped to make the shift to large plantations throughout the Deep South profitable? the textile mill the mechanical reaper the cotton gin t

Please can someone help me on these?solve this equation by factorising:2x^2 + 5x + 2 = 0 Solve this equation by completing the square: x^2 - 4x + 1 = 0

tia is buying paper cups and plates. cups come in package of 12 ,and plates come in package of 10.she wants to buy the same number of cups and plates but plans

Which words in the sentence are the adverb phrase? During our second visit, we saw many interesting shops and restaurants. A. shops and restaurants B. we saw ma

passes through (-6,5) and parallel to 2x-3y=12

The cell membrane of a red blood cell will allow water, oxygen, carbon dioxide, and glucose to pass through. Since other substances are blocked from coming in,

when a large animals eats a plant eater what does it get

What is 3.2 x 10^-4 m/h in centimeters per second? a) 8.889 × 10^−6 cm/s b) 8.889 × 10^−5 cm/s c) 1.152 × 10^−5 cm/s d) 1.152 × 10^−7 cm/s

Sum of 3 numbers is 133. Third number is 3 times the first. Second number is 8 more than the first. What are the numbers?

jaisabor jaisabor · Answer 1 · 2021-02-02T02:56:37+01:00

E: None of these

GDP = C + G + I + NX

C = consumption or all private consumer spending within a country’s economy, including, durable goods (items with a lifespan greater than three years), non-durable goods (food & clothing), and services.

G = total government expenditures, including salaries of government employees, road construction/repair, public schools, and military expenditure.

I = sum of a country’s investments spent on capital equipment, inventories, and housing.

NX = net exports or a country’s total exports less total imports.

ewomazinoade ewomazinoade · Answer 2 · 2021-09-16T14:11:10+02:00

The income approach for computing GDP is GDP = R+W+I+P

Gross domestic product (GDP) is the sum of final goods and services produced in a country in a given year

There are three methods of calculating GDP:

Income approach = Wages of labour + Rental income from ownership of capital + Interest + Profits.

Expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Production approach = final cost of goods and services - intermediate cost

To learn more about GDP, please check: https://brainly.com/question/15899184?referrer=searchResults

Which of the following best represents the Income approach for computing GDP? * a.GDP = R+W+I+P b.GDP = C+Ig+G=X-M c.GDP = L+L+C+E d.GDP = CE e.None of these.

Respuesta :

Otras preguntas

Which of the following best represents the Income approach for computing GDP? *
a.GDP = R+W+I+P
b.GDP = C+Ig+G=X-M
c.GDP = L+L+C+E
d.GDP = CE
e.None of these.