Which of the Following Statements Is True

question 34

Multiple Choice

Which of the following statements is true?

• A)Recently, the government purchases share of GDP has been close to 50 percent.
• B)The net export share of GDP can be positive or negative.
• C)Since World War II, the consumption and investment shares of GDP have moved erratically.
• D)Recently, the investment share of GDP has been close to 50 percent.
• E)All four spending shares must be positive and must add up to one.

---

Definitions:

Principal

A person on whose behalf an agent acts.

Terminated

The end of an employee's employment due to dismissal or discharge by the employer, often for cause or due to organizational changes.

Apparent Authority

The appearance or assumption of authority based on the actions or statements of the principal, leading third parties to believe that a representative has authority to act.

Bound

To be legally or morally obligated; often referring to the commitments made in a contract or agreement.