The Largest Component of GDP as Measured by the Expenditure

question 71

Multiple Choice

The largest component of GDP as measured by the expenditure approach is

• A)wages and salary earnings.
• B)personal consumption.
• C)net profits of corporations.
• D)gross private investment.

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Definitions:

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The potential opportunities for employment and career advancement in a particular field or profession.

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Plans and actions aimed at increasing a company's size, revenues, market share, or competitive positioning.

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A wireless communication device that allows users to make and receive calls over a radio frequency link while moving within a service area.