Expenditure approach includes expenditure on final goods and services while calculating GDP.
Consumption is included in the expenditure approach to the calculation of GDP.
Hence, the correct answer is the option (D).
Addition to nation's capital stock is termed as investment.
So, when firms purchase machines and equipment then it is said that firms are undertaking investment spending.
Hence, the correct answer is the option (B).
Labor force = Employed + Unemployed = 40 million + 10 million = 50 million
Labor force participation rate = [Labor force/population] * 100 = [50 million/100 milllion] * 100 = 50%
Unemployment rate = [unemployed/labor force] * 100 = [10 million/50 million] * 100 = 20%
Hence, the correct answer is the option (C).
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