GDP can be measured as each of the following EXCEPT
A) the market value of production.
B) total expenditure on final goods and services.
C) incomes of capital and labour.
D) total business revenues.
E) the sum of value added.

Question

Quizplus · Accepted Answer

While GDP includes the market value of production, total expenditure on final goods and services, incomes of capital and labour, and the sum of value added, it does not include total business revenues. GDP is a measure of the value of final goods and services produced within a country, not the total revenues earned by businesses.

GDP Can Be Measured as Each of the Following EXCEPT