In the expenditure approach to GDP, the largest component is
A) net exports.
B) government expenditure on goods and services.
C) personal consumption expenditures.
D) gross private domestic investment.
Correct Answer:
Verified
Q91: Gross Domestic Product is equal to the
Q92: Personal consumption expenditures include
A) expenditures by households
Q93: In the calculation of gross domestic product
Q94: Goods that are produced this year, stored
Q95: Aggregate expenditures include all of the following
Q97: A new 2010 Honda Civic produced in
Q98: All of the following household expenditures are
Q99: Which of the following purchases is included
Q100: An example of ʺinvestmentʺ in the national
Q101: Which of the following is included in
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