The highest component of GNP is
A) the current account.
B) investment.
C) government purchases.
D) consumption.
E) trade.
Correct Answer:
Verified
Q2: What are the main aspects of economic
Q4: The sale of
A) a used textbook does
Q5: National income equals GNP
A) less depreciation, less
Q8: GDP is different than GNP in that
A)
Q11: Movements in GDP
A) differ greatly from movements
Q14: Which one of the following statements is
Q14: Movements in GDP
A) and GNP usually do
Q15: An example of how GNP accounts for
Q19: Purchases of inventories by
A) firms are not
Q20: GDP is supposed to measure
A) the volume
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