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

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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