Which of the Following Is Not True About the Composition

question 181

Multiple Choice

Which of the following is not true about the composition of GDP in 2014?

• A)The majority of consumer spending is on durable goods.
• B)Purchases made by state and local governments are greater than purchases made by the federal government.
• C)Imports are greater than exports.
• D)Business fixed investment is the largest component of investment.

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Definitions:

Sales Engineer

A professional who has both technical knowledge and sales skills, responsible for selling complex technical products or services.

Heavy Equipment

Large and heavy machinery used in construction, mining, and other industries that require substantial power and force.

Apparel

Clothing of any kind, including outfits and garments worn by individuals for comfort, protection, or fashion.

Pharmaceuticals

Drugs and medical products developed for the treatment, prevention, or diagnosis of diseases and medical conditions.