What type of spending is the largest component of the GDP?
A) investment B) net exports
C) government purchases D) consumption expenditures
D
Economics
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If it takes 35 years for real GDP to double, real GDP is growing at an annual rate of approximately 2%
Indicate whether the statement is true or false
Economics
Neoclassical economic analysis tends to disregard the following motivations in people's decisions and actions, except:
A. Charity B. Selflessness C. Self-interest D. Focus on the common good
Economics