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Maranda Ragsdale

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Q: Consumption Expenditures + Investment + Government Expenditures = _______.?
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Consumption Expenditures plus Investment plus Government Expenditures equals?


Which is included in the expenditures approach to GDP?

Consumption + Gross Investment + Government Expenditure + (Exports - Imports)

How is GDP calculated using the expenditures approach?

GDP = Consumption + Investment + Government Purchases + Net Exports

What are the factors that would affect the aggregate demand?

Consumption, investment, government spending, net exports, and aggregate expenditures.

Consumption Expenditures plus Investment plus Government Expenditures .?


What data is used to calculate GDP?

C+I+G+S=GDP C=consumption I=investment G=government expenditures S=net export

Explain why the government consumption expenditures G components of GDP falls short of actual government expenditures?

Government consumption considers spending on defense, judicial system, education, etc... It does not take into account expenditures such as unemployement benefits and social security.

What is a budget for major investment expenditures called?

Capital Budget is what a budget for major investment expenditures is called.

What is included in calculating GDP?

The GDP or gross domestic product is calculated by the sum of Consumption, Investment, Government Spending, and Net Exports. GDP is defined as the sum of all goods and services that are produced within a nation's borders over a specific time interval, typically one calendar year.

Keynes emphasized that income was determined by which of these?

consumption, investment, and government spending

What are the four sectors of GDP?

1) personal consumption expenditures (C) 2) gross investment (I) 3) government purchases of goods and services (G) 4) net exports of goods and services, or exports minus imports (X - M)

What is a government expediture?

DescriptionGovernment spending or expenditure includes all government consumption, investment, and transfer payments.