In Canada, household spending on consumption as a percentage of GDP is
A) lower than most other countries.
B) higher than most other countries.
C) the highest among OECD countries.
D) the lowest among OECD countries.
E) slightly below average among OECD countries.
Correct Answer:
Verified
Q24: To calculate GDP by the expenditure method,
Q25: What is the largest component of spending
Q26: In 2015, which component of GDP had
Q27: The factors of production include
A)wages.
B)capital.
C)investment.
D)transfers.
E)money.
Q28: The purchase by a foreign government of
Q30: The statistical discrepancy captures
A)small errors in the
Q31: The purchase by a household in China
Q32: The purchase of a new automobile is
Q33: Table 4.1.1 Q34: Which of the following would not be
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