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The _____ adds up the spending by different parts of the economy, such as consumption, investment, government spending, and net exports.


income approach

product approach

expenditure approach

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KyrosStMarie
CExpenditure approach
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The expenditure approach adds up the spending by different parts of the economy, such as consumption, investment, government spending, and net exports. Correct answer: C

This  approach measures the economy's output of a country, which is the total amount spent on the goods produced by a country in a year. By doing this it is the most widely used approach for estimating GDP.

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