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Author Question: According to the expenditure approach, the largest component of GDP is: a. government spending. b. ... (Read 45 times)

V@ndy87

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on: Jun 30, 2018
According to the expenditure approach, the largest component of GDP is:
 a. government spending.
  b. proprietor's income.
  c. net interest.
  d. personal consumption expenditures.
  e. compensation of employees.

Question 2

New residential housing is counted in GDP as a(n):
 a. durable consumption good.
  b. household durable good.
  c. investment good.
  d. inventory expansion.
  e. long-term durable good.


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peter

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

d

Answer to Question 2

c


V@ndy87

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

xthemafja

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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