Which of the Following Is the Correct Ordering If We

question 53

Multiple Choice

Which of the following is the correct ordering if we want to rank the four spending components,as a share of U.S.GDP in 2010,in descending (from highest to lowest) order?

• A)Consumption,government purchases,investment,net exports
• B)Consumption,investment,government purchases,net exports
• C)Government purchases,consumption,investment,net exports
• D)Consumption,government purchases,net exports,investment
• E)Consumption,investment,net exports,government purchases

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Definitions:

UN Human Development Index

The UN Human Development Index is a statistical tool used to measure a country's overall achievement in its social and economic dimensions, such as health, education, and standard of living.

Reliability

The degree to which an assessment tool produces stable and consistent results over time.

Validity

The quality of being logically or factually sound; in research, it refers to the extent to which a concept, conclusion or measurement is well-founded and corresponds accurately to the real world.

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Fundamental ideas or general notions that form the basis of thoughts, theories, and studies across various disciplines.