When calculating GDP,consumption makes up approximately
A) One-fifth of total output.
B) One-half of total output.
C) Two-thirds of total output.
D) One-third of total output.
Correct Answer:
Verified
Q73: If depreciation is smaller than gross investment,
A)Net
Q74: A nation's production possibilities curve should,ceteris paribus,shift
A)Inward
Q75: The account that gives the most accurate
Q76: If for a given year gross investment
Q77: The addition to the economy's capital stock
Q79: The national income aggregate calculated by subtracting
Q80: The economic definition of investment includes all
Q81: Ceteris paribus,if imports increase in any given
Q82: Transfer payments are part of personal income
Q83: In the U.S.GDP,imports
A)Include smuggled goods.
B)Include black-market goods.
C)Are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents