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Author Question: Consider GDP calculated according to the expenditures approach. Which of the following components of ... (Read 22 times)

FButt

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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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Answer to Question 1

a

Answer to Question 2

e




FButt

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


peter

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Reply 3 on: Yesterday
:D TYSM

 

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