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Author Question: Consider GDP calculated according to the expenditures approach. Which of the following components of ... (Read 43 times)

FButt

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  • Posts: 519
on: Jun 30, 2018
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


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princessflame2016

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


FButt

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

coreycathey

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Reply 3 on: Yesterday
Excellent

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