All of the following are approaches to calculate a country's GDP EXCEPT:
A)product
B)income
C)expenditure
D)imports

Question

Quizplus · Accepted Answer

Imports are not used in the calculation of a country's GDP.
Key Takeaway: A country's Gross Domestic Product (GDP) can be measured in a number of ways. The product approach looks at the value of final goods produced by industries such as manufacturing and agricultural are added. In the income approach, total income is measured. In the expenditure approach, both private consumption and government spending are counted.

All of the Following Are Approaches to Calculate a Country's