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torisob [31]
4 years ago
8

GDP can be calculated by summing _____. rev: 04_09_2018 Multiple Choice consumption, investment, government purchases, and net e

xports consumption, investment, government purchases, and imports consumption, investment, wages, and rents consumption, investment, government purchases, exports, and imports
Business
1 answer:
ss7ja [257]4 years ago
3 0

Answer:

consumption, investment, government purchases, and net exports

Explanation:

Gross domestic product is the total sum of 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 by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Imports is subtracted from GDP and not added

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