Tap the three methods
Exercise and reference answers
- Questions
- Items
- Text
- Product method
- Matches the category
- Yes
- Text
- Income method
- Matches the category
- Yes
- Text
- Expenditure
- Matches the category
- Yes
- Text
- Barter method
- Matches the category
- No
- Text
- Guess method
- Matches the category
- No
- Category
- Ways to measure GDP
- Items
- Text
- A family car
- Matches the category
- Yes
- Text
- A new machine
- Matches the category
- Yes
- Text
- Bread for lunch
- Matches the category
- Yes
- Text
- Flour for baker
- Matches the category
- No
- Text
- Steel for a firm
- Matches the category
- No
- Category
- Final goods
- Instructions
- Tap only the items that belong to the category shown.
Explanation
_Source: syllabus Introductory Macroeconomics, Ch 2 'National Income Accounting'_
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