The largest component of consumption expenditures is:
A) durables.
B) nondurables.
C) services.
D) residential structures.
Correct Answer:
Verified
Q39: GDP minus the net income of foreigners
Q40: Net exports are defined as:
A)exports plus imports.
B)exports
Q41: Transfer payments are included in which category
Q42: Using the expenditure approach to GDP accounting,
Q43: Exhibit 11-1 Q45: Government purchases, under the expenditure approach to Q46: Changes in inventories are included in which Q47: The investment component of GDP includes: Q48: Declines in business inventories enter national income Q49: Exhibit 11-1
A)funds in
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