Multiple Choice
The four major expenditure categories of gross domestic product (GDP) are
A) consumption,imports,exports,and government purchases.
B) consumption,government purchases,taxes,and investment.
C) consumption,investment,government purchases,and net exports.
D) consumption,investment,government purchases,and stocks.
E) consumption,investment,taxes,and net exports.
Correct Answer:
Verified
Correct Answer:
Verified
Q132: The difference between microeconomics and macroeconomics is
Q133: How does the focus of macroeconomics differ
Q134: When you buy a new car built
Q135: Country A has a gross domestic product
Q136: Ford produces 100,000 cars this year and
Q138: Many economists say that the Great Recession
Q139: Nominal gross domestic product (GDP)increases if<br>A) current
Q140: The sale of American-grown corn to China
Q141: Microeconomics includes the study of<br>A) the unemployment
Q142: If over a period of time real