The Nongovernment Share of GDP Equals

question 73

Multiple Choice

The nongovernment share of GDP equals

• A)saving as a share of GDP.
• B)the sum of the consumption and investment shares of GDP.
• C)1 minus the government share of GDP.
• D)the sum of the investment and net export shares of GDP.
• E)the sum of the consumption and net export shares of GDP.

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Definitions:

Function

A linkage among inputs and a range of suitable outputs, governed by the principle that every input is coupled with a unique output.

Compounded

A process where the value of an investment increases because the earnings on it earn additional earnings over time.

Balance

A condition in which different elements are equal or in the correct proportions.

Transformation

An operation that moves or changes a geometric figure in some way to produce a new figure.