What is the formula for calculating GDP using the expenditure approach?

Practice Questions

Q1
What is the formula for calculating GDP using the expenditure approach?
  1. C + I + G + (X - M)
  2. C + I + G
  3. C + G + (X - M)
  4. I + G + (X - M)

Questions & Step-by-Step Solutions

What is the formula for calculating GDP using the expenditure approach?
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