The term "gross domestic purchases" refers to
A) the amount spent by U.S. consumers, business, and government on final goods and services.
B) the amount spent only by U.S. consumers on final goods and services.
C) the amount spent only by businesses on final goods and services.
D) the amount spent only by government on final goods and services.
Correct Answer:
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Q40: Gross domestic product does NOT include
A) personal
Q41: Which of the following describes an intermediate
Q42: Imports enter the GDP
A) with a positive
Q43: Which of the following is NOT an
Q44: In 2010,Brazil had a population of roughly
Q46: The GDP per capita tells us
A) the
Q47: When companies add to their inventories,
A) the
Q48: When companies reduce their inventories,
A) the amount
Q49: In 2010,the United States imported about _
Q50: Official GDP numbers do not include the
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