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Home Q & A Board Other Fields Homework Help Business Economics
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ang359 ang359
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A year ago
How does the expenditures measure of GDP differ from the production measure?

▸ It doesn't. The final value is the same.

▸ It depends on the amount of inventories held at the beginning and end of the year.

▸ It is lower, because only purchased items are counted.

▸ It is higher due to the higher cost of a final good than of the inputs.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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careytrancareytran
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A year ago
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