Question

14) Identify the components of GDP
1. Consumer expenditure
2. Government expenditure
3. Business expenditure
4. Business investments
Select the correct answer using the codes given below
A) 1 and 2 only
B) 3 only
C) 2 and 4 only
D) All the above​

Answer 1

Answer:

The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. That tells you what a country is good at producing. GDP is the country's total economic output for each year.

Explanation:

Answer 2

Answer:

do not know the answer sorry for that