Select which part of the expenditures approach of calculating the GDP is being described:
All private consumption in a nation's economy is part of this expenditures approach for calculating the GDP.
O gross exports
O gross imports
O consumer spending
O sum of all the country's businesses spending on capital
O sum of government spending

All private consumption in a nation's economy is part of this expenditures approach for calculating the GDP is consumer spending.

The monetary value of all the goods and services that are produced in a country on a given period refers to the GDP. Using the GDP value, the economic growth of a country can be determined. The GDP of a country can be calculated with the help of three methods such as production, income, and expenditures.

The expenditure approach in the calculation of GDP includes the purchase of all goods and services in a given period. Things that are included in this approach are government spending, consumer spending, net exports and, business investment spending. In the given example, it is stated that the private consumption in the nation's economy is the part of this expenditures approach for calculating the GDP. The private consumption depends on the consumer spending.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

hope this

(i know i'm late but the answer's "things about yourself" because you want to list things you're capable of, why you want to open up the business, the amount of money you're putting into it,etc.) i'm guessing you take online school small business, the answers to the quizzes are all over quizlet. just look up your question and type quizlet after it and it'll pop up.