The Largest Component of GDP Is

question 55

Multiple Choice

The largest component of GDP is

• A)government purchases.
• B)investment.
• C)exports.
• D)consumption.
• E)government expenditures.

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Definitions:

Promissory Note

is a written, signed document in which one party promises to pay another party a specific sum of money at a future date or on demand.

Personal Defense

Refers to the actions and strategies employed by an individual to protect themselves from harm or danger.

Disaffirm

In contract law, to indicate by a statement or act an intent not to live up to the terms of the contract.

Real Defense

A defense in law that allows a promissory note or negotiable instrument to be invalidated based on factors like fraud or forgery.