Exhibit 11-1
-Refer to Exhibit 11-1. The consumption (C) figure for the year in question is:
A) $7,000 billion.
B) $6,300 billion.
C) $5,000 billion.
D) $5,700 billion.
Correct Answer:
Verified
Q44: The largest component of consumption expenditures is:
A)durables.
B)nondurables.
C)services.
D)residential
Q45: Government purchases, under the expenditure approach to
Q46: Changes in inventories are included in which
Q47: The investment component of GDP includes:
A) funds in
Q48: Declines in business inventories enter national income
Q50: The most volatile GDP category under the
Q51: Government purchases, under the expenditure approach to
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