Author Question: The largest component of GDP in the expenditure approach is A) personal consumption expenditures. ... (Read 140 times)

nautica902

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The largest component of GDP in the expenditure approach is
 
  A) personal consumption expenditures.
  B) gross private domestic investment.
  C) government expenditure on goods and services.
  D) net exports.

Question 2

The most direct way in which money replaces barter is through its use as a
 
  A) medium of exchange.
  B) recording device.
  C) store of value.
  D) unit of account.



BUTTHOL369

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Answer to Question 1

A

Answer to Question 2

A



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