Answer:
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.