GDP can be calculated using the expenditure approach as:

A C + I only

B C + I + G + (X − M)

C C + G only

D Revenue − Expenses

✓ Correct Answer: Option B

Expenditure approach: GDP = Consumption + Investment + Government Spending + Net Exports.

💡 Why is B) the correct answer?

The correct answer to the question "GDP can be calculated using the expenditure approach as:" is Option B: C + I + G + (X − M).

The other options — A) C + I only, C) C + G only, D) Revenue − Expenses — are incorrect for this CFA Exam Prep question. As explained above: Expenditure approach: GDP = Consumption + Investment + Government Spending + Net Exports.

📚 About This CFA Exam Prep Practice Question

This 2-level CFA Exam Prep question from the Economics topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free CFA Exam Prep practice test or use flashcards for spaced repetition review.

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GDP can be calculated using the expenditure approach as:

✓ Correct Answer: Option B

📚 About This CFA Exam Prep Practice Question

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