Multiple Choice
Which of the following is the largest component of GDP?
A) investment (I)
B) government spending (G)
C) consumption (C)
D) net exports (X - IM)
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: What does the term imputed payment refer
Q39: Suppose the CPI has overstated inflation by
Q40: Which of the following would NOT be
Q41: In what way does the consumer price
Q42: <span class="ql-formula" data-value="\begin{array} { c c c
Q44: Suppose the CPI is 220 in one
Q45: Suppose that the economy is in equilibrium,
Q46: Ann's Adventures, Inc.organizes and leads backpacking trips
Q47: Suppose the nominal GDP is currently $5.4
Q48: If real GDP increased by 3 percent,