The largest component of GDP is:
A. personal consumption expenditures.
B. government spending.
C. durable goods.
D. net exports.
Answer: A
Economics
You might also like to view...
How do income and wealth change over a person's lifetime? How does this affect the distribution of income at a point in time?
What will be an ideal response?
Economics
Economies of scale are illustrated by:
A) a downward sloping long-run average cost curve. B) a flat long-run average cost curve. C) an upward-sloping long-run average cost curve. D) a downward-sloping short-run average total cost curve.
Economics