Which of the following is the correct ordering if we want to rank the four spending components,as a share of U.S.GDP in 2010,in descending (from highest to lowest) order?
A) Consumption,government purchases,investment,net exports
B) Consumption,investment,government purchases,net exports
C) Government purchases,consumption,investment,net exports
D) Consumption,government purchases,net exports,investment
E) Consumption,investment,net exports,government purchases
Correct Answer:
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Q23: Expenditure on _ is spending that is
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Q25: The largest component of GDP is
A)government purchases.
B)investment.
C)exports.
D)consumption.
E)government
Q26: Consumption expenditures include
A)expenditures by households on goods
Q30: In 2010,consumption was roughly _ of GDP
Q30: Investment expenditures are the sum of
A)business fixed
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Q36: All of the following are approaches for
Q38: U.S. GDP includes the value of goods
Q39: In 2010, the United States GDP amounted
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