Refer to the following table when answering
Table 2.1: U.S. 2011-2012 Expenditures ($ billions)
-Consider Table 2.1, which tabulates GDP for 2011-2012. Household consumption as a share of GDP ________ and investment's share ________ over 2011-2012.
A) decreased; increased
B) increased; increased
C) decreased; stayed the same
D) increased; decreased
E) stayed the same; stayed the same
Correct Answer:
Verified
Q14: In 2012, household expenditures accounted for about
Q15: Which measure of overall economic activity was
Q16: In 2012, investment expenditures accounted for about
Q16: The National Income and Product Accounts allows
Q17: According to the expenditure approach, if
Q19: Refer to the following table when
Q19: Who led the team that created the
Q21: Refer to the following table when
Q22: Refer to the following table when
Q23: According to the text, the gains in
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents