Question

An example of a country's businesses spending on capital when calculating the GDP using the expenditures approach is _____.

Responses

food
food

salaries of public employees
salaries of public employees

construction of a new mine
construction of a new mine

none of the above
none of the above

Answer 1

construction of a new mine

Explanation: business spending on capital is counted as investment (I) in the expenditure approach. Food is consumption (C); salaries of public employees are government spending (G).