The four components of GDP are consumption expenditures, private investment expenditures, government purchases, and transfer payments

Indicate whether the statement is true or false

FALSE

Economics

You might also like to view...

Regarding the stock market crash of 1929, evidence shows that

(a) no one expected trouble in the stock market before the October 1929 crash. (b) there was doubt about the speculative heights of stock prices as they continued to rise and more money continued to pour into the market. (c) only active support by the New York Federal Reserve Bank during the summer and fall of 1929 enabled the bull market to last until October. (d) investment trusts and nonbanking money sources correctly anticipated the downturn.

Economics

In a small town, it snowed 10 times on Christmas Eve during 25 years. What is the frequency of snowing on Christmas Eve in that small town?

A) 10 B) 25 C) 2.5 D) 0.4

Economics