Respuesta :
Answer:
'Government Expenditure' not 'Government' is a component of GD[
Explanation:
GDP is the total value of goods & services produced in an economy during an year.
As per Expenditure method :
- It is calculated as 'expenditure' done by all sectors of economy as "one person expenditure is other person income".
- 4 sectors are : households , firms, government ,rest of the world.
- Their respective demand expenditures are : Private Final Consumption Expenditure , Government Final Consumption Expenditure, Investment (Gross domestic Capital Formation) , Net Exports.
Answer:
Government expenditure---> total government spending on goods and services
net exports--->value of exports minus the value of imports
investment-->investment spending by business on new capital goods
consumption-->the amount households spend on consumer goods and services
Explanation:
Edmentum agreed with me. ;)
