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Author Question: Of the following, the largest component of GDP is A) personal consumption expenditure. B) gross ... (Read 95 times)

theo

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on: Jun 29, 2018
Of the following, the largest component of GDP is
 
  A) personal consumption expenditure.
  B) gross private domestic investment.
  C) government expenditure on goods and services.
  D) net exports of goods and services.

Question 2

Investment is financed by which of the following?
 
  I. Government spending
  II. National saving
  III. Borrowing from the rest of the world
  A) I, II, and III
  B) I and II only
  C) I and III only
  D) II and III only


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katkat_flores

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


theo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Wow, this really help

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