Which of the following components of GDP accounts for the bulk of ...

[humphriesbr@me.com]

Which of the following components of GDP accounts for the bulk of national expenditures in the United States?
 a. Government purchases
  b. Imports
  c. Consumption
  d. Investment
  e. Exports

Question 2

Consider a hypothetical economy, whose GDP was 10,000 . consumption equaled 9,800, investment equaled 125, goods exported equaled 255, and goods imported equaled 500, in 2010 . Calculate the government spending in this economy during the year.
 a. 120
  b. 380
  c. 245
  d. 200
  e. 320

[srodz]

Answer to Question 1

c

Answer to Question 2

e

[humphriesbr@me.com]

Correct answers!

[srodz]

Great! Please up vote