The largest component of GDP is
A) gross private domestic investment.
B) personal consumption expenditures.
C) net exports of goods and services.
D) government expenditure on goods and services.
Correct Answer:
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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
Q86: An example of "investment" in the national
Q87: All of the following household expenditures are
Q89: The difference between gross investment and net
Q90: Aggregate expenditures include all of the following
Q91: A new 2017 Honda Civic produced in
Q92: In the calculation of gross domestic product
Q93: Goods that are produced this year, stored
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