bbarnes0126
bbarnes0126 bbarnes0126
  • 24-06-2017
  • Social Studies
contestada

what is the largest category calculated when using the expenditure approach to calculate GDP?

Respuesta :

lulumorfin101 lulumorfin101
  • 24-06-2017
C => consumption is the largest category
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reurisoneco
reurisoneco reurisoneco
  • 14-11-2019

Answer:

consumption

Explanation:

In GDP calculated by the expenditure approach, the following expenditure components are analyzed: consumption, investment, government spending and net exports (exports minus imports). Among these categories, the largest is consumption, ie the largest component of GDP is household spending.

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