Of the following, the largest component of GDP is
A) personal consumption expenditure.
B) gross private domestic investment.
C) government expenditure on goods and services.
D) net exports of goods and services.
Correct Answer:
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Q75: The components of the expenditure approach to
Q76: Which of the following is NOT part
Q77: Which of the following is not a
Q78: GDP using the expenditure approach equals the
Q79: _ is gross investment minus _.
A) The
Q81: Gross private domestic investment is all purchases
Q82: Let C represent consumption expenditure, S saving,
Q83: In the expenditure approach to GDP, the
Q84: Consumption expenditure is the payment by households
Q85: Personal consumption expenditures include
A) expenditures by households
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