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Author Question: The largest component of GDP in the expenditure approach is A) personal consumption expenditures. ... (Read 146 times)

nautica902

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

A

Answer to Question 2

A


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