Question

The _____ adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).

Answer 1

Answer:

The EXPENDITURE APPROACH adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).

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Explanation:

Answer 2

the expenditure approach adds up the market price of the final goods and services to calculate the gross domestic product.

Explanation:

• The development of a nation is seen by the gross domestic product and its increased over the years. It is seen that the the higher the market prices of the final goods and the services the higher is the money spent by the people of that particular region  to utilise such services.

• As a result of this the gross domestic product of that country rises. The more the gross domestic product the more is the the development of the nation.

To know more about gross domestic product,

give a simple method to calculate gross domestic product. who ...

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