Explain why GDP can be computed either by measuring spending or by measuring income. Does the expenditure approach to computing GDP measure U.S. spending on all goods, U.S. spending on only U.S....



Explain why GDP can be computed either by measuring spending or by measuring income.


Does the expenditure approach to computing GDP


measure U.S. spending on all goods, U.S. spending on


only U.S. goods, or U.S. and foreign spending on only


U.S. goods? Explain your answer.



May 26, 2022
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