Personal consumption expenditures consist of:
A) household and individual purchases of services and durable and nondurable goods.
B) foreign investments in the United States.
C) foreign plus domestic investments.
D) domestic investments.
Correct Answer:
Verified
Q27: Conceptually, a country's GDP equals the:
A)sum of
Q28: A change in business inventories is:
A)not counted
Q29: Which of the following would not be
Q30: In what category is the purchase of
Q31: If an economy produces 100 pencils valued
Q33: If U.S. net exports are positive, then
Q34: The total market value of all final
Q35: In what category of national income accounting
Q36: If an economy produces 100 pencils and
Q37: The largest expenditure component of GDP is:
A)consumption.
B)investment.
C)net
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