How is U.S. total expenditure on goods and services in a year calculated? U.S. total expenditure in a year equals consumption expenditure plus _______. A. investment plus government expenditure on goods and services plus imports B. government expenditure plus investment minus imports C. investment plus net exports D. government expenditure plus investment plus net exports
How is U.S. total expenditure on goods and services in a year calculated? U.S. total expenditure in a year equals consumption expenditure plus _______. A. investment plus government expenditure on goods and services plus imports B. government expenditure plus investment minus imports C. investment plus net exports D. government expenditure plus investment plus net exports
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 9SQ
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How is U.S. total expenditure on goods and services in a year calculated?
U.S. total expenditure in a year equals consumption expenditure plus _______.
A.
investment plus government expenditure on goods and services plus imports
B.
government expenditure plus investment minus imports
C.
investment plus net exports
D.
government expenditure plus investment plus net exports
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