When calculated correctly, the income approach and the expenditure approach should
A. equal each other.
B. negate each other.
C. reveal a difference of 25%.
D. reveal a difference of 50%.
C. reveal a difference of 25%.Auto answered|Score .6|Elle124|Points 298|User:
Hi. Good day. Is there anything I can help you with?Auto answered|Score 1|Fanboy|Points 2821|User:
The sacrifice involved in performing an activity, or following a decision or course of action. [ It may be expressed as the total of opportunity cost (cost of employing resources in one activity than the other) and accounting costs (the cash outlays).
Read more: www.businessdictionary.com/definition/economic-cost.html#ixzz1wEV6qKm4
] Auto answered|Score .751|thewolf010|Points 1160|User:
One way to calculate GDP is the income approach, which
A. adds up all the money spent by all the buyers.
B. adds up all the income collected by all the sellers.
C. adds up all revenue earned by overseas companies.
D. adds up all revenue earned by foreign companies with the nation.
One way to calculate GDP is the income approach, which B. adds up all the income collected by all the sellers. [www.econport.org/content/handbook/NatIncAccount/CalculatingGDP/Income.html
]Auto answered|Score .6|debnjerry|Points 44116|User:
What is the largest category calculated when using the expenditure approach to calculate GDP?
B. net exports
D. government purchase
Wrote the first answer to What is the largest category calculated when using the expenditure approach to calculate GDP A investment B net exports C [ consumption D ... http://wiki.answers.com/Q/Special:Contributions&target=ip:ID0413128714&offset=150
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