Of the following, the largest component of GDP is
A) gross private domestic investment.
B) personal consumption expenditures.
C) government expenditure on goods and services.
D) net exports of goods and services.
Correct Answer:
Verified
Q63: The difference between gross investment and net
Q64: The expenditure approach measures GDP by adding
A)
Q65: Which of the following is NOT part
Q67: GDP can be computed as the sum
Q69: Gross investment is equal to
A) depreciation plus
Q70: Gross investment equals
A) net investment - depreciation
Q71: Which of the following is NOT a
Q72: Net investment equals
A) savings - depreciation.
B) depreciation
Q73: GDP equals
A) the value of the aggregate
Q73: If depreciation is less than gross investment,
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