The sale of American-grown corn to China is included in the ________ category of GDP.
A) consumption
B) investment
C) government purchases
D) export
E) import
Correct Answer:
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Q18: Farmer Bill grows wheat and sells it
Q19: An example of an intermediate good would
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)
Q24: The consumption category of GDP includes all
Q25: The government-purchases category of GDP includes spending
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
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