Which component is the smallest part of U.S. GDP?
A) personal consumption expenditures
B) gross private domestic investment
C) government purchases of goods and services
D) net exports

Question

Quizplus · Accepted Answer

Net exports represent the difference between exports (foreign purchases of U.S. goods and services) and imports (domestic purchases of foreign goods and services). It is typically the smallest component of U.S. GDP.

Which Component Is the Smallest Part of U