Gross Domestic Product (GDP)

Respond to the following four questions in a minimum of 175 words each question

1. Explain the limitations of GDP as a measurement tool. (175 words)

2. Explain national income accounting and the components of GDP from both the income approach. (175 words)

3. Explain the expenditure approach, (175 words)

4. Explain the factors that contribute to economic growth. (175 words)