Which of the Following Expenditure Components of GDP Can Be

question 99

Multiple Choice

Which of the following expenditure components of GDP can be negative or positive?

• A)Investment
• B)Consumption expenditure
• C)Government expenditure on goods and services
• D)Net exports of goods and services
• E)None of the above because expenditure can never be negative.

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Definitions:

Supply Rooms

Rooms or spaces designated for the storage of supplies, equipment, and materials necessary for the operation of a business or organization.

Legal Consequences

The outcomes or effects that arise from the application of law, including penalties, obligations, or rights that result from lawful or unlawful actions.

Unjust Enrichment

Refers to a situation where one party unfairly benefits at another's expense and is legally required to compensate the victim to correct the imbalance.

Implied Covenant

An unstated promise or clause in a contract, inferred by law to promote fairness and uphold the contract’s spirit.