When the total U.S. production of goods and services is divided ...

[soccerdreamer_17]

When the total U.S. production of goods and services is divided into consumption goods and services, capital goods, government goods and services, and export goods and services, the largest component is
 
  A) consumption goods and services.
  B) capital goods.
  C) government goods and services.
  D) export goods and services.
  E) capital goods and government goods and services tie for the largest component.

Question 2

Describe the main difference between the core inflation rate and the PCE inflation rate.
 
  What will be an ideal response?

[jennafosdick]

Answer to Question 1

A

Answer to Question 2

The core inflation rate excludes the prices of food and fuel.