1.Which of the following is false regarding GDP?

A.GDP can be measured in three ways: production, income and expenditure

B.If measured correctly, all three ways of measuring GDP are equivalent

C.The production method aggregates total production across all industries

D.The income method aggregates income accruing to all factors of production, i.e., labor, capital and land

E.The expenditure method aggregates spending in the economy, which consists of consumption, investment, government spending and net export