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:

Folic Acid

A type of B vitamin necessary for the formation of red blood cells, DNA synthesis and repair, and crucial in early pregnancy to prevent neural tube defects.

Neural Tube Defects

are birth defects of the brain, spine, or spinal cord, occurring when the neural tube does not close completely during early fetal development.

CO2

Carbon dioxide, a colorless, odorless gas produced by burning carbon and organic compounds and by respiration, and absorbed by plants in photosynthesis.

O2

Symbol for oxygen, a vital element necessary for respiration in most living organisms.