Which of the following statements is true about real gross private domestic investment?
A) Annual percentage changes in real gross private domestic investment (GPDI) are less volatile than annual percentage changes in the real values of consumption.
B) Annual percentage changes in real GPDI are more volatile than annual percentage changes in the real value of government spending but less volatile than annual percentage changes in the real value of consumption.
C) Annual percentage changes in real GPDI are more volatile than annual percentage changes in the real value of consumption but less volatile than annual percentage changes in the real value of government spending.
D) Annual percentage changes in real gross private domestic investment are the most volatile component of gross domestic product.
Correct Answer:
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