‘A sum of all the diff erent expenditures will give the GDP by the expenditure method.’ Which are these expenditures? Discuss. Th e general opinion among the classical economists was that it was...

‘A sum of all the diff erent expenditures will give the GDP by the expenditure method.’ Which are these expenditures?

Discuss.

Th e general opinion among the classical economists was that it was impossible to have a situation of full employment.