Which of the Following Statements Is True

question 120

Multiple Choice

Which of the following statements is true?

• A) Government purchases is the largest component of GDP.
• B) Net exports are equal to exports plus imports.
• C) U.S.imports refer to the physical quantity of foreign-produced goods that are purchased by residents of the United States.
• D) Government purchases includes the spending on goods and services by all levels of government (federal,state,and local).
• E) c and d

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Definitions:

Casual Crowd

A temporary gathering of individuals drawn together by a specific event or interest without a clear organizational structure.

Psychosocial Theory

A framework that explores the interaction between psychological developments and social environments across an individual's lifespan.

Emergent Norm Theory

A theory in sociology suggesting that norms and behaviors in crowds and social groups emerge spontaneously and are negotiated among members, rather than being inherent or fixed.

Convergence Theory

A concept in sociology that suggests differences among societies will decrease over time due to globalization, leading to similar social, political, and technological practices.