The expenditure approach to calculating a nation’s GDP is to add:a. the value of final products minus the cost of intermediate goods used in the production process. b. wages and salaries earned by the nation’s workforce. c. wages and salaries, interest, rent and profit earned. consumption, investment, government spending and net exports. d. wages and salaries, and interest payments on government debt.

The expenditure approach to calculate nation;s GDP is: Option C: wages and salaries, interest, rent and profit earned.consumption, investment, government spending and net exports

Explanation:

GDP gives a clear picture to an economist and policy makers telling whether an economy is expanding or contracting.

The expenditure approach is one of the three approaches to calculate GDP of the nation. It involves summing up all expenditure done on goods and services which are final, over a period of time. This expenditure or spending can be in following categories: consumption, investment, government spending done by all 'government entities', exports (goods that are produced in the country and purchased by other countries), and imports.

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consumer credit. an advantage is that it allows consumers to afford expensive goods and services now, increasing their standard of living. however, a disadvantage is that it creates a trap for debt, if people do not have self control, they may see themselves filing personal bankruptcy.