Which of the Following Components of GDP Accounts for the Bulk

question 6

Multiple Choice

Which of the following components of GDP accounts for the bulk of national expenditures in the United States?

• A)Government purchases
• B)Imports
• C)Consumption
• D)Investment
• E)Exports

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Definitions:

Group Polarization

Group polarization occurs when discussions within a group lead to an accentuation of the group's initial inclination, often resulting in more extreme positions.

Social Facilitation

The tendency for people to perform differently, usually better, when in the presence of others than when alone.

Social Loafing

Social Loafing is the phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or expectations.