Multiple Choice
The spending allocation model allows economists to determine how GDP is allocated among the major components of spending, which are
A) income, consumption, and savings.
B) consumption, savings, government purchases, and net exports.
C) consumption, investment, government purchases, and net exports.
D) consumption, savings, taxes, and net exports.
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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