GDP is the sum of:
A) personal consumption, private investment, government purchases, and imports.
B) personal consumption, private investment, government purchases, and net exports.
C) personal consumption, private investment, government purchases, and net imports.
D) personal consumption, private investment, government purchases, and foreign remittances.
Correct Answer:
Verified
Q2: Which of the following is NOT true
Q3: The gross domestic product of a nation
Q4: Which of the following is an example
Q5: What is the difference between a flow
Q6: Let C = consumption, I = private
Q7: The value of goods and services purchased
Q8: Which of the following is counted as
Q9: Use the following to answer questions .
Exhibit:
Q10: All of the following items are a
Q11: The value of an economy's total output
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