Of the following, the largest component of GDP is
A) personal consumption expenditure.
B) government expenditure on goods and services.
C) gross private domestic investment.
D) net exports of goods and services.
Correct Answer:
Verified
Q61: The largest component of GDP in the
Q62: GDP can be computed as the sum
Q63: Net investment equals
A) gross investment + depreciation.
B)
Q64: The four categories of expenditure used by
Q65: _is gross investment minus_ .
A) Depreciation; replacement
Q67: If depreciation is less than gross investment,
Q68: GDP using the expenditure approach equals the
Q69: The expenditure approach measures GDP by adding
A)
Q70: In the equation, GDP = C +
Q71: Which of the following is NOT
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