menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Economics Study Set 1
  4. Exam
    Exam 11: The Firm: Production and Costs
  5. Question
    The Largest Single Expenditure Component of GDP Is
Solved

The Largest Single Expenditure Component of GDP Is

Question 119

Question 119

Multiple Choice

The largest single expenditure component of GDP is:


A) ​consumption.
B) ​investment.
C) ​government purchases.
D) ​net exports.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q114: What is the measure of the income

Q115: GDP does not directly include:<br>A)​the value of

Q116: Intermediate products:<br>A)​produced domestically are not directly reflected

Q117: Adam's Ribs in downtown Chicago buys $10,000

Q118: Real GDP per capita increases if the

Q120: The purchase of a new scanner by

Q121: National income includes wages and salaries, interest

Q122: Provide the formula for the expenditure approach

Q123: If the GDP deflator decreases from one

Q124: Which of the following is an example

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines