The Largest Component of GDP Is

question 109

Multiple Choice

The largest component of GDP is:

• A) personal consumption expenditures.
• B) government spending.
• C) durable goods.
• D) net exports.
• E) gross private domestic investment.

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Definitions:

Obedience

The act of following orders or commands from those in authority, often studied in psychology.

Authority Figure

An authority figure is a person with recognized power, influence, or expertise in a particular area, often used to guide or govern others.

Zero-sum Game

A situation in which one party's gain is exactly balanced by another party's loss, resulting in a net change of zero.

Forgiveness

The process of letting go of resentment, anger, or vengeance toward someone who has wronged you, often considered a step towards healing and reconciliation.