GDP can be viewed from the following approaches: A. Incomeapproach: The income approach looks at...
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Economics
GDP can be viewed from the following approaches: A. Incomeapproach: The income approach looks at GDP in terms of the incomederived, or created, from producing goods and services. B.Expenditures approach: The expenditures approach measures GDP asthe sum of all the money spent buying the final goods. C. Both theincome approach and the expenditures approach should yield the sameresult. Which of the following is correct? Multiple Choice Only AOnly B Only C
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