Comparing GDP Calculation Methods
When calculating gross domestic product (GDP) using both the expenditure approach and the income approach, what is the difference between the resulting values?
A
The difference is the value of exports, which are counted in the income approach but not in the expenditure approach.
B
The difference is the amount of interest collected by consumers on their deposits.
C
The difference is the value of government purchases, which are included in the expenditure approach but not in the income approach.
D
If calculated correctly, there is no difference between the GDP values obtained using the two approaches.
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