The spending allocation model allows economists to determine how GDP is allocated among the major components of spending, which are
A) income, consumption, and savings.
B) consumption, savings, government purchases, and net exports.
C) consumption, investment, government purchases, and net exports.
D) consumption, savings, taxes, and net exports.
E) None of these
Correct Answer:
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Q1: If GDP increases, then it is possible
Q3: In 2015, the government share of GDP
Q4: In 2015, the investment share of GDP
Q5: Between 2000 and 2010, the government purchases
Q6: Changes in the government spending share of
Q7: The net export share has been negative
Q8: The spending allocation model is used to
Q9: Which of the following statements is the
Q10: Net exports for the United States have
Q11: The spending allocation model determines how consumers
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