The Largest Component of GDP Is

question 183

Multiple Choice

The largest component of GDP is

• A) tax revenue
• B) government purchases of goods and services
• C) the nation's capital stock
• D) private investment spending
• E) private consumption expenditures

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Definitions:

Projects

Temporary endeavors undertaken to create a unique product, service, or result, characterized by defined objectives, scope, and resources.

Scope Document

An official document that outlines and defines the objectives, deliverables, and boundaries of a project.

Role Clarification

The process of making sure that everyone involved in a project understands their responsibilities, tasks, and the expectations of their role.

Similar Roles

Positions or responsibilities within an organization or team that share common attributes, duties, or objectives.