Which of the Following Is True

question 140

Multiple Choice

Which of the following is true?

• A)The government purchases share of GDP is currently less than what it was during World War II.
• B)The government purchases share of GDP is currently greater than what it was during World War II.
• C)The consumption share is currently at the same level it was at during World War II.
• D)The net export share of GDP has been positive for the past 25 years.
• E)The government purchases share has remained constant over the past 25 years.

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Definitions:

Equilibrium Price

The price point where market supply matches market demand, leading to a balanced market condition.

Pens

Writing instruments that use ink to leave a mark on surfaces, typically used for handwriting.

Pencils

Simple writing instruments consisting of a graphite core encased in a wooden or plastic barrel used for writing or drawing.

CPM/PERT

A project management tool that combines the critical path method and the program evaluation and review technique.