Gross domestic product (GDP) is equal to personal consumption expenditures:
A) plus gross investment, minus government spending, and plus net exports.
B) plus gross investment, plus government spending, and minus net exports.
C) minus gross investment, plus government spending, and plus net exports.
D) plus gross investment, plus government spending, and plus net exports.
Correct Answer:
Verified
Q33: Net exports are negative when
A) a nation's
Q40: Net exports are
A) that portion of consumption
Q78: In 1933 net investment was minus $208
Q79: In an economy, the value of inventories
Q80: Net exports are a negative number when:
A)a
Q81: The following are national income account data
Q82: Profits of private corporations are divided into:
A)corporate
Q85: GDP by the expenditure approach is equal
Q87: The following are national income account data
Q88: All figures are in billions of dollars.
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