The Four Components of GDP Are Consumption Expenditures, Private Investment

question 28

True/False

The four components of GDP are consumption expenditures, private investment expenditures, government purchases, and transfer payments.

---

Definitions:

Transverse

Refers to lying or extending across something; perpendicular to the long axis.

Anatomy

The branch of science concerned with the bodily structure of humans, animals, and other living organisms.

-Tomy

A suffix used in medical terminology to denote the cutting or removal of a part of the body; essentially, it indicates a surgical procedure focused on cutting.

Unilateral

Relating to one side only; often used in medical contexts to describe symptoms or conditions affecting only one side of the body.