-Based on the data in Table 2.2, personal consumption expenditure is:
A) €3.7 trillion.
B) €9.7 trillion.
C) €8.9 trillion.
D) none of the above.
Correct Answer:
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Q20: Gross private domestic expenditure includes:
A)fixed investment.
B)change in
Q21: Q22: National income and GDP diverge in practice Q23: Q24: National income and GDP diverge in practice Q26: Economists sometimes use a closed economy model Q27: Economists sometimes use a closed economy model Q28: National income includes: Q29: Q30: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)rental income of persons.
B)net interest.
C)corporate
