The four components that make up GDP in the expenditure approach are: A) C, I, G, and NX. B) C, I, G, and EX. C) K, I, G, and NX. D) C, I_{m, G, and EX.}

Question

Quizplus · Accepted Answer

The four components that make up GDP in the expenditure approach are consumption (C), investment (I), government spending (G), and net exports (NX), which is the difference between exports (EX) and imports (IM).

The Four Components That Make Up GDP in the Expenditure