Consumption:
A) is the largest component of GDP.
B) is the value of total goods purchased by consumers.
C) does not include the price of new homes.
D) All of these are true.
Correct Answer:
Verified
Q65: Spending on imports should get _ GDP,
Q80: Government purchases,as a component of GDP:
A)represent goods
Q81: The value of net exports is:
A)exports minus
Q81: Which approach to calculating GDP is especially
Q82: An example of a U.S.export would be:
A)a
Q86: The difference between the sale value of
Q87: In a simple closed economy,the income approach
Q88: An example of a U.S.import would be:
A)a
Q89: U.S. imports are:
A) U.S. goods sold to
Q96: Net exports is calculated by:
A) adding total
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