Which of the Following Components or Subcomponents of GDP Can

question 205

Multiple Choice

Which of the following components or subcomponents of GDP can be either positive or negative?

• A) consumers' spending on durable goods
• B) firms' spending on capital equipment
• C) net exports
• D) All of the above are correct.

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Definitions:

Dismiss

To officially decide to not proceed further with a case or claim in a court of law.

Employer's Right

The set of legal entitlements and powers that an employer has over its workforce and in the conduct of its business.

Wagner Act

A foundational piece of US labor law that established the rights of employees to unionize, engage in collective bargaining, and take collective action, including strikes.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working conditions.