Of the Following, the Largest Component of GDP Is

question 51

Multiple Choice

Of the following, the largest component of GDP is

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

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Definitions:

Alliances

Partnerships or associations formed between individuals or organizations to pursue shared goals or interests.

Driving Forces

Key factors or influences that propel an organization, individual, or system towards change or development.

Organization's Proclivity to Collaborate

The natural tendency or inclination of an organization to work jointly with others towards common goals or projects.

McCormick

Typically refers to McCormick & Company, a global leader in flavor, seasonings, and spices.