asked 4.9k views
0 votes
What is the largest category calculated when using the expenditure approach to calculate GDP?

2 Answers

0 votes
C => consumption is the largest category
answered
User Maurice Gavin
by
8.1k points
5 votes

Answer:

consumption

Step-by-step 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.

answered
User Stephen Mc
by
8.9k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.