Select all that apply. Which of the following are included in the Gross Domestic Product (GDP), according to the expenditure approach? property taxes net exports consumption investment government spending
Answers
Answered by
1
consumption comes under GDP
Answered by
1
The right answer to this question is consumption because it is included in the GDP (Gross Domestic Product), according to the expenditure approach.
When it comes to GDP (Gross Domestic Product), it is a wide quantitative measure of the overall economic activity of the nation.
It is significant to know that this term signifies the financial value of every service and product produced within the geographic border of the nation.
Similar questions