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Author Question: Consider GDP calculated according to the expenditures approach. Which of the following components of ... (Read 7 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
Great answer, keep it coming :)

cdmart10

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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