If we add up the figures for wages, rent, interest and profit:
A)the figure is not equal to the GDP by the expenditure approach because it does not include the amount of investment.
B)the figure is not equal to the GDP by the expenditure approach because the Canadian national accounts do not reflect each of these four factors of income and also because a few adjustments are necessary.
C)we obtain a figure which is equal to the GDP by the expenditure approach.
D)it does not reflect the actual figure for the GDP by the expenditure approach because it does not include the amount of consumption.

Question

Quizplus · Accepted Answer

The figure is not equal to the GDP by the expenditure approach because the national accounts require adjustments and may not fully reflect all income factors.

If We Add Up the Figures for Wages, Rent, Interest