Which of the following is part of the expenditure approach to measuring national income?Multiple choice question.RentWagesInvestmentProfits
Question
Solution 1
The expenditure approach to measuring national income includes all the money spent in an economy. This includes:
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Consumption: This is the total spending by households on goods and services, excluding purchases of new housing.
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Investment: This is the total spending on goods that will be used Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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