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1-Describing Gross Domestic Product as the sum of Consumption + Investment + Government Spending (in an economy without international trade) is: A-The expenditure approach to
1-Describing Gross Domestic Product as the sum of Consumption + Investment + Government Spending (in an economy without international trade) is:
A-The expenditure approach to GDP calculation.
B-The value added approach to GDP calculation.
C-The income approach to GDP calculation.
D-Not a valid form of GDP computation.
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