Which of the Following Statements Is True

question 120

Multiple Choice

Which of the following statements is true?

• A) Government purchases is the largest component of GDP.
• B) Net exports are equal to exports plus imports.
• C) U.S.imports refer to the physical quantity of foreign-produced goods that are purchased by residents of the United States.
• D) Government purchases includes the spending on goods and services by all levels of government (federal,state,and local).
• E) c and d