Personal consumption spending now comprises approximately what fraction of GDP?
A) One-third
B) One-sixth
C) Three-quarters
D) One-quarter
E) One-half
Correct Answer:
Verified
Q37: Private investment expenditure,which is a flow,affects the
Q38: GDP is a flow variable because
A) all
Q39: An example of a service counted in
Q40: Which of the following is the best
Q41: The largest component of private investment expenditure
Q43: Assume net exports are -$220,consumption is $5,000,tax
Q44: An example of a capital good is
A)
Q45: The most volatile component of GDP is
A)
Q46: Private investment during a year includes
A) the
Q47: Fun Time Toys produced $60 million worth
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