multiple choice question\nthe ______ method of calculating gdp adds together the total amount spent by…

multiple choice question\nthe ______ method of calculating gdp adds together the total amount spent by households, firms, the government and the foreign sector and subtracts the amount spent on imported goods and services.\no value added\no production\no expenditure\no income

multiple choice question\nthe ______ method of calculating gdp adds together the total amount spent by households, firms, the government and the foreign sector and subtracts the amount spent on imported goods and services.\no value added\no production\no expenditure\no income

Answer

Brief Explanations:

The expenditure - approach to calculating GDP sums up consumption (by households), investment (by firms), government spending, and net exports (exports minus imports). It focuses on the total spending in the economy.

Answer:

C. expenditure