Respuesta :
The expenditure approach to calculate gross domestic product takes into account the sum of all final goods and services purchased in an economy over a set period of time.
Given that we want to measure GDP through expenditure method.
The expenditure approach basically calculates gross domestic product in such a way that takes into account the sum of all final goods and services purchased in an economy over a set period of time.
GDP at MP=Private final consumption expenditure+Government final consumption expenditure+Net domestic capital formation+Net exports.
Net exports=Exports-Imports.
Hence the expenditure approach to calculate gross domestic product takes into account the sum of all final goods and services purchased in an economy over a set period of time.
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