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Which of the following approaches of calculating GDP is the most accurate?

A: inflation approach
B: income approach
C: expenditure approach
D: none of these

Respuesta :

salem21

Answer:

c

Explanation:

  • it avoids double counting by excluding intermediate goods and services and also second-hand goods.
  • excludes non-productive services like scholarships, pensions and more
  • excludes transfer of property like bonds and stocks.

this points make the expendithre more accurate because it avoids over-estimation and under-estimation of the country's economy.

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