4.9k views
0 votes
What is the largest category calculated when using the expenditure approach to calculate GDP?

User Suja Shyam
by
8.7k points

2 Answers

0 votes
C => consumption is the largest category
User Maurice Gavin
by
8.1k points
5 votes

Answer:

consumption

Step-by-step 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.

User Stephen Mc
by
8.9k points

No related questions found