The Largest Component of GDP in the Expenditure Approach Is

question 155

Multiple Choice

The largest component of GDP in the expenditure approach is

• A) personal consumption expenditures.
• B) gross private domestic investment.
• C) government expenditure on goods and services.
• D) net exports.

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Definitions:

Birthday Party

A celebration or gathering in honor of someone's birth date, often involving social activities, games, and cake.

Freudian Theory

is a set of psychoanalytic principles and methods developed by Sigmund Freud that emphasizes unconscious motivations and conflicts as drivers of human behavior.

Sexual Motives

The psychological and physiological factors that drive individuals towards sexual behavior and activities.

Anti-Freud

Refers to theories or perspectives that dispute or reject the psychoanalytic theories proposed by Sigmund Freud.