Question

Which of the following will be included in the calculation of GDP using the expenditure​ method? A. A​ worker's wage B. A​ bank's payment of interest to its customers C. A foreign​ consumer's purchase of domestic goods D. A​ firm's payment of employee bonuses

Answer 1

Answer:

C. A foreign​ consumer's purchase of domestic goods

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.

GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export

Net Export = export - import

A foreign​ consumer's purchase of domestic goods would be included in export.

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