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:

Density

A measure of how much mass is present per given volume of a substance.

Meters Per Second

A unit of speed or velocity in the International System of Units (SI), indicating how many meters an object moves in one second.

Quantitative Data

Data that are numeric and typically visualized and analyzed using data tables, calculations, equations, and graphs.

Quantitative Data

Information that can be measured and written down with numbers, often used for statistical analysis or scientific research.