Consider GDP calculated according to the expenditures approach. ...

[FButt]

Consider GDP calculated according to the expenditures approach. Which of the following components of GDP would need to decrease for GDP to increase?
 a. Imports
  b. Consumption
  c. Exports
  d. Investment
  e. Government spending

Question 2

What is the approximate percent of GDP produced by private firms in the United States?
 a. 4 percent
  b. 11 percent
  c. 25 percent
  d. 57 percent
  e. 75 percent

[princessflame2016]

Answer to Question 1

a

Answer to Question 2

e

[FButt]

Thanks for the timely response, appreciate it

[okolip]

Gracias!