Which of the Following Elements of GDP Were Affected by the Financial

question 6

Multiple Choice

Which of the following elements of GDP were affected by the financial crisis and the lack of available credit?

• A)Consumption and business investment only
• B)Consumption and government spending only
• C)Consumption, business investment, and government spending only
• D)Consumption, business investment, government spending, and imports/exports

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Definitions:

Functional Team

A group of individuals with a mix of skills and expertise working together towards a common goal.

Similar Tasks

Tasks that share common features, requirements, or characteristics, making them alike or comparable in some respects.

Coordinate

To organize different elements effectively in order to operate smoothly and efficiently.

Team Development

The process of improving the effectiveness of a work group through various stages, including forming, storming, norming, performing, and adjourning.