Which equation represents the relationship between GDP and the four major expenditure components? Y=C+1+6+NX OA, ○ B. Y(G+NX) OC. Y=C(I + G + NX) OD, Y=(C+1)-(G+NX) What are the four major components of expenditures in GDP? O A. Consumption, Investment, Government Purchases, and Net Exports B. Consumption, Intermediate Goods, Government Purchases, and New Expenditures ° C. Consumption, Intermediate Goods, Goods and Services, and Net Exports D. Consumption, Investment, Government Purchases, and Non-Durable Expenditures

Y = C + I + G + NX

Consumption, Investment, Government Purchases, and Net Exports 

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

Intermediate goods aren't included in the calculation of GDP.

Consumption includes all spending by households on durable and non durable goods.

Investment includes spending by government.

Government spending is all of government expenditure.

Net Export is export less import.

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