The largest component of GDP is:
A) personal consumption expenditures.
B) government spending.
C) durable goods.
D) net exports.
Correct Answer:
Verified
Q16: The lower portion of the circular flow
Q17: Based on the circular flow model, money
Q18: Which of the following activities would be
Q19: Intermediate goods are goods and services used:
A)
Q20: Which of the following is an example
Q22: If you buy a book of U.S.
Q23: Exhibit 5-1 Use the information below to
Q24: Exhibit 5-7 GDP data (billions of dollars)
Q25: Which one of the following would count
Q26: Gross private domestic investment does not include:
A)
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