Which is the correct formula for the expenditures approach to GDP ?

Social Studies

1 answer:

Dimas [21]3 years ago

4 0

The correct answer would be, GDP = Government Expenditures + Exports + Investments + Consumption - Imports.

The correct formula for expenditures approach to GDP is equal to Government Expenditures + Exports + Investments + Consumption - Imports.

Explanation:

GDP stands for Gross Domestic Product. The total output, or total number of goods or services produced within a country is called as the Gross Domestic Product.

There are three ways of calculating the GDP. One is Expenditure approach, second one is Output approach and the third one is Income approach.

When calculating Gross Domestic Product's Expenditure's Formula, it will be calculated by summing all Government Expenditures, Exports, Investments and consumption and then subtracting imports from them.

Learn more about GDP expenditure approach at:

brainly.com/question/1384502

#LearnWithBrainly

You might be interested in

Why is wilhelm wundt often considered the first scientific psychological researcher?

fiasKO [112]

His scientific philosophy was carefully built in Descartes idea about mind-body dualism.

4 0

3 years ago

Random errors are those that remain in after mistakes and have been eliminated. They are caused by factors beyond the control of

alisha [4.7K]

Answer:

Accidental errors.

Explanation:

As the exercise explains, a random/accidental error remains in after mistakes and have been eliminated. They are caused by factors beyond the control of the observer. They are present in all surveying observations. This type of error usually result from human mistakes or accidental errors. The latter type are errors caused by changing experimental conditions, out of the control of the individual doing the study or experiment. It's hard to quantify how "disastrous" they can be given that most of the times it depends on the context of the study.

8 0

3 years ago

Read 2 more answers

Amanda needs to buy a new car for work. She has one day to find a car and was able to read only one article about new cars befor

Delvig [45]

Answer:

B - Amanda has a limited amount of information with which to make her decision and D - Amanda feels pressured by the time constraints on her purchase.

Explanation:

Since Amanda only has one day to find and purchase a new car, the time constraints will apply pressure - she also only had time to read one article about new cars which gives her a limited amound of information before making a big purchase.

6 0

2 years ago

Which of the following is not an example of a power exercised by the federal government

yaroslaw [1]

<span>marriage and divorce laws I hope this helps</span>

5 0

3 years ago

Maria is studying the effects of calcium on the development of children. so she administers varying levels of calcium to two gro

kaheart [24]

Get the homework, burn it, and run!

7 0

3 years ago

Read 2 more answers