Which of the Following Components of GDP Accounts for the Bulk

question 6

Multiple Choice

Which of the following components of GDP accounts for the bulk of national expenditures in the United States?

• A)Government purchases
• B)Imports
• C)Consumption
• D)Investment
• E)Exports

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Definitions:

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Professionals who provide expert advice on economic strategies, market analysis, policy assessment, and economic forecasting to businesses or government entities.

Expected Return

The average of all the possible returns from an investment, weighted by their likelihood.

Expected Return

The average of all possible returns from an investment, weighted by the likelihood of each outcome.

Expected Expense

The anticipated or forecasted cost for specific goods, services, or activities, often used for budgeting and financial planning purposes.