3 years ago

What is the largest category calculated when using the expenditure approach to calculate GDP?

Social Studies

2 answers:

Olegator [25]3 years ago

8 0

Answer:

consumption

Explanation:

In GDP calculated by the expenditure approach, the following expenditure components are analyzed: consumption, investment, government spending and net exports (exports minus imports). Among these categories, the largest is consumption, ie the largest component of GDP is household spending.

Stolb23 [73]3 years ago

6 0

C => consumption is the largest category

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