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Which of the following statement is FALSE? A.GDP can be measured in 3 ways: production, income and expenditure B.If measured correctly, all three ways of

Which of the following statement is FALSE?

A.GDP can be measured in 3 ways: production, income and expenditure

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

C.GDP=total production across all industries

D. GDP=income accruing to all factors of production, i.e., labor, capital and land

E.GDP =total spending in the economy, which consists of consumption, investment, government spending and net export

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