The Largest Single Expenditure Component of GDP Is

question 119

Multiple Choice

The largest single expenditure component of GDP is:

• A)​consumption.
• B)​investment.
• C)​government purchases.
• D)​net exports.

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Definitions:

Lubricants

Substances introduced between surfaces to reduce friction and wear, often essential for the smooth operation of machinery.

Direct Cost

Expenditures that can be directly associated with manufacturing certain goods or services, like labor and raw materials.

Manufacturing Equipment

Tools and machinery used in the process of producing goods from raw materials.

Sprinkles

Small pieces of confectionery used as a decoration or to add texture to desserts.