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GDP Can Be Calculated by All of the Following Except

Question 39

Multiple Choice
GDP can be calculated by all of the following except:
A) summing the market value of all final goods and services produced in a year
B) summing the value added at each stage of production
C) adding total expenditures on goods and services
D) using the total income earned in the production of goods and services, subtracting net factor income from abroad, and adding depreciation and indirect business taxes
E) None - all of these can be used to calculate GDP.

GDP can be calculated by all of the following except:


A) summing the market value of all final goods and services produced in a year
B) summing the value added at each stage of production
C) adding total expenditures on goods and services
D) using the total income earned in the production of goods and services, subtracting net factor income from abroad, and adding depreciation and indirect business taxes
E) None - all of these can be used to calculate GDP.

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