Which of the following methods of calculating GDP would NOT be accurate when the information on the sale and purchases of intermediate goods and services is not available? a) The income method b) The expenditure method c) The production method d) The cost method
Which of the following methods of calculating GDP would NOT be accurate when the information on the sale and purchases of intermediate goods and services is not available? a) The income method b) The expenditure method c) The production method d) The cost method
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 2SQ
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Which of the following methods of calculating GDP would NOT be accurate when the information on the sale
and purchases of intermediate goods and services is not available?
a) The income method
b) The expenditure method
c) The production method
d) The cost method
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