Which of the following is not one of the components of GDP?
A) Gross private domestic investment
B) Consumption by the public
C) Government spending on goods and services
D) exports
E) Foreign direct investment by U.S. corporations
Correct Answer:
Verified
Q4: Which of the following statements is correct?
A)
Q5: Which of the following relationships is incorrect?
A)
Q6: Which of the following would not be
Q7: The value of final output measured in
Q8: Real GDP is the value of final
Q10: The GDP of a closed economy is
Q11: The GDP of an open economy is
Q12: When imports of a country increase, the
Q13: When GDP is smaller than the sum
Q14: When GDP is larger than the sum
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