Multiple Choice
In the United States,the largest expenditure component in GDP is
A) gross private domestic investment.
B) government purchases of goods and services.
C) consumption expenditures.
D) net exports.
E) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q44: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q45: The GDP of country A may be
Q46: Look at the following data: GDP =
Q47: In the definition of GDP,the words "total
Q48: Which of the following would not be
Q50: Look at the following data: GDP =
Q51: The typical U.S.business cycle,measured peak to peak,lasts
Q52: "Economic growth" has occurred if<br>A) inflation rate
Q53: Consumption expenditures in the U.S.usually account for
Q54: The largest component of national income in