Question

Select which part of the expenditures approach of calculating the GDP is being described:

Purchase of weapons for the military is part of this expenditures approach for calculating the GDP.
consumer spendingsum of government spendingsum of all the country's businesses spending on capitalgross exportsgross imports

Answer 1

sum of government spending

Step-by-step explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

The expenditure approach to calculating GDP = Consumption spending + Investment spending + Government Spending + Net Export.

Government spending includes all monies spent by government.

Investment spending is the country's businesses spending on capital.

Consumption spending is the sum of all consumer spending

Net export is export less import.

I hope my answer helps you