Which of the following is/are NOT included in the expenditure approach to national income accounting? a. defense expenditures b. software development c. health care expenditures d. software investment e. taxes
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This includes consumption expenditure, investment, government spending, and net exports. a. Defense expenditures - This is included as it is part of government spending. b. Software development - This is included as it is part of investment. c. Health care Show more…
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