The government-purchases category of GDP includes spending by:
A) federal, state, and local government.
B) federal and state government.
C) state and local government.
D) local government only.
E) the federal government only.
Correct Answer:
Verified
Q20: You bought a popular video game last
Q21: When George buys a new computer for
Q22: Consumption is approximately _ of GDP.
A) 50%
B)
Q23: The sale of American-grown corn to China
Q24: The consumption category of GDP includes all
Q26: Which is the largest component of U.S.GDP?
A)
Q27: The difference between nominal GDP and real
Q28: A problem of interpreting nominal GDP is
Q29: Government salaries paid to soldiers in the
Q30: When you buy a new car built
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