14) Identify the components of GDP1. Consumer expenditure2. Government

1.	14) Identify the components of GDP1. Consumer expenditure2. Government expenditure3. Business expenditure4. Business investmentsSelect the correct answer using the codes given belowA) 1 and 2 onlyB) 3 onlyC) 2 and 4 onlyD) All the above
Answer» Answer: The FOUR components of gross DOMESTIC PRODUCT are personal consumption, business investment, government SPENDING, and net exports. That tells you what a country is good at producing. GDP is the country's total economic OUTPUT for each year. Explanation:

14) Identify the components of GDP1. Consumer expenditure2. Government expenditure3. Business expenditure4. Business investmentsSelect the correct answer using the codes given belowA) 1 and 2 onlyB) 3 onlyC) 2 and 4 onlyD) All the above

Answer»

Answer:

The FOUR components of gross DOMESTIC PRODUCT are personal consumption, business investment, government SPENDING, and net exports. That tells you what a country is good at producing. GDP is the country's total economic OUTPUT for each year.

Explanation:

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14) Identify the components of GDP1. Consumer expenditure2. Government expenditure3. Business expenditure4. Business investmentsSelect the correct answer using the codes given belowA) 1 and 2 onlyB) 3 onlyC) 2 and 4 onlyD) All the above​

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14) Identify the components of GDP1. Consumer expenditure2. Government expenditure3. Business expenditure4. Business investmentsSelect the correct answer using the codes given belowA) 1 and 2 onlyB) 3 onlyC) 2 and 4 onlyD) All the above