In the expenditure approach to measuring GDP, the components of GDP are
A. consumption, investment, government expenditure, and net exports.
B. consumption, taxes, saving, and investment.
C. inflation, unemployment, saving, and investment.
D. frictional unemployment, structural unemployment, and cyclical unemployment.
Answer:A
In the expenditure approach to measuring GDP, the components of GDP are
A. consumption, investment, government expenditure, and net exports. B. consumption, taxes, saving, and investment. C. inflation, unemployment, saving, and investment. D. frictional unemployment, structural unemployment, and cyclical unemployment.