Answer:
adding up consumption, investment, government expenses, and net exports
adding up the market prices of final goods and services produced in the US
adding up the incomes of producers and taxes paid to the government
Explanation:
GDP is measured by three approaches, namely production, expenditure, and income.
In the <u>expenditure approach</u>, GDP is obtained by the formula GDP = C + G + I + NX, where c is consumption. G is government spending, I investment, and NX is net exports. Net export is the difference between imports and exports. The expenditure approach is also the consumption approach.
The <u>production approach c</u>alculates GDP by adding up the value of finished products. The Approach considers new products meant for consumption to avoid double counting.
The <u>income approach</u> recognizes the fact that expenditure is somebody's else income. Income considered includes wages paid to labor, the return on capital in the form of interest, the rent earned by land as well as corporate profits.
I suggest looking up the definition of each of them. Write them down when your doing it. The answer to your question though is A. Entrepreneurs.
Answer:
C
Explanation:
Mandatory or discretiinary
A mandatory dependency is one that must happen at a particular time. It is usually requirement of some kind based on contracts, laws, company procedures, physical limitations, etc. When the sequence of events is developed for various aspects of the process, mandatory dependencies are placed where they must happen.
A discretionary dependency is one that isn't based on a must, but on a should. These decisions are usually based upon best practices, business knowledge, preferences etc.When the sequence of events is developed they are placed where the team members would like them to occur
Answer:
False advertising and deceptive business practices. Consumer fraud issues. Predatory lending and financial scams. Issues regarding product safety and defects.
