In the Expenditure Approach to GDP, the Largest Component Is

question 292

Multiple Choice

In the expenditure approach to GDP, the largest component is

• A) net exports.
• B) personal consumption expenditures.
• C) gross private domestic investment.
• D) government expenditure on goods and services.

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Definitions:

Coccyx

The coccyx, commonly known as the tailbone, is the small bone at the base of the vertebral column that is composed of fused vertebrae.

Pia Mater

The delicate inner layer of the meninges that closely covers the brain and spinal cord, protecting the central nervous system.

Arbor Vitae

Refers to the "tree of life" arrangement of white matter in the cerebellum that facilitates cerebellar connections.

Corpus Callosum

A large band of neural fibers connecting the two cerebral hemispheres, facilitating communication between them.