(Solved): Which equation represents the relationship between GDP and the four major expenditure components? A ...

Which equation represents the relationship between GDP and the four major expenditure components? A. \( Y=C(1+G+N X) \) B. \( Y=\frac{(C+1)}{(G+N X)} \) C. \( Y=(C+1)-(G+N X) \) D. \( Y=C+I+G+N X \) What are the four major components of expenditures in GDP? A. Consumption, Investment, Government Purchases, and Non-Durable Expenditures B. Consumption, Intermediate Goods, Goods and Services, and Net Exports C. Consumption, Intermediate Goods, Government Purchases, and New Expenditures D. Consumption, Investment, Government Purchases, and Net Exports