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How does the expenditure approach calculate GDP? A. It adds up all the incomes in the economy. B. It adds up the value of four groups of final goods and services. C. It adds up the value of business goods and services. D. It adds up the value of consumer goods and services.
How does the expenditure approach calculate GDP? A. It adds up all the incomes in the economy.The expenditure approach involves counting expenditures on goods and services by different groups in the economy. [ The four main components are consumption expenditures by households (C), gross private investment spending principally by firms (I), government purchases of goods and services (G), and net
exports (exports minus imports EX - IM). Here is an equation that sums it up: GDP = C + I + G + (EX - IM) ]
Expert answered|Marvel2|Points 1140|
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Asked 237 days ago|8/26/2013 2:49:58 PM
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Which features of a federal bureaucracy help it to run efficiently? A. job specialization and formalized rules B. its small size and limited leadership C. shared power and little need for support D. many goals and individual agendas
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Education|No Subcategories|Not Answered
Updated 243 days ago|8/20/2013 1:17:20 PM
1 Answer/Comment
A. Job specialization and formalized rules are features of a federal bureaucracy that helps it to run efficiently.
Added 243 days ago|8/20/2013 1:17:20 PM
The formal duties assigned to the Vice President by the Constitution are A. to provide advice to the President on issues of national security and economic policy. B. to preside over the Senate and help decide the question of presidential succession. C. to balance the ticket and preside as Assistant President. D. not defined.
Weegy: B. to preside over the Senate and help decide the question of presidential succession. User: What term describes all the actions a nation takes in dealing with other countries of the world? A. foreign affairs B. isolationism C. foreign policy D. domestic affairs Weegy: A User: What is a primary difference between a treaty and an executive agreement? A. Treaties must be approved by the Senate; executive agreements do ... (More)
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Education|No Subcategories|Not Answered
Updated 243 days ago|8/20/2013 1:04:32 PM
3 Answers/Comments
The formal duties assigned to the Vice President by the Constitution are: B. to preside over the Senate and help decide the question of presidential succession.
Added 243 days ago|8/20/2013 1:03:26 PM
C. Foreign policy describes all the actions a nation takes in dealing with other countries of the world.
Added 243 days ago|8/20/2013 1:04:18 PM
A primary difference between a treaty and an executive agreement is: A. Treaties must be approved by the Senate; executive agreements do not.
Added 243 days ago|8/20/2013 1:04:32 PM
Several White House agencies are staffed by the President’s closest advisors. What is the name used for these agencies? A. Office of Management and Budget B. Executive Office of the President C. National Aeronautics and Space Administration D. Office of Personnel Management
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Education|No Subcategories|
Updated 243 days ago|8/20/2013 1:12:54 PM
1 Answer/Comment
Several White House agencies are staffed by the President’s closest advisors. These agencies are called: B. Executive Office of the President.
Added 243 days ago|8/20/2013 1:12:54 PM
What is the original source of many of the President’s powers? A. the Founders B. the House of Representatives C. the Constitution D. the Supreme Court
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Education|No Subcategories|
Updated 243 days ago|8/20/2013 1:13:38 PM
1 Answer/Comment
C. The Constitution is the original source of many of the President’s powers.
Added 243 days ago|8/20/2013 1:13:38 PM
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