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vlada-n [284]
3 years ago
5

The _____ adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).

Business
2 answers:
bogdanovich [222]3 years ago
6 0
Expenditure approach
Gelneren [198K]3 years ago
3 0

The expenditure approach adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP). The expenditure method is the most widely used method when trying to estimate GDP. GDP stands for Gross Domestic Product which refers to the total value of goods and services that are provided in a country over the period of one year.

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How is the relationship between unitss in the money system in the u.s. similar to the metric system
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Answer:

Both the metric system and the US monetary system are based on the system of tens.

Explanation:

The metric system is based on the meter, which is divided into 100 centimeters, while the US monetary system is based on the dollar that is divided into 100 cents.

Generally speaking all Americans and most US organizations use the Imperial  System (along with Liberia and Myanmar), while the rest of the world uses the metric system. But some American organizations use the metric system also, like the military and many financial institutions, specially those that export or trade with commodities.

What s really intriguing about this, is that the metric system is the official measuring system of the US since 1866, but it hasn't been massively applied yet.

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