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Which one of the following are the components of aggregate expenditures?

  1. Household consumption, business investment, government spending on goods and services, and net exports.
  2. Household consumption, business investment, government transfer payments, and net exports.
  3. Household consumption, business investment, government spending on goods and services, and exports.
  4. Household consumption, business investment, government spending on goods and services, and saving.

 

 

 

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Chika Ilonah
Chika IlonahLv10
22 Oct 2020
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Related questions

1. Which of the following represents the single largest expenditure component of GDP?

a. Personal consumption expenditures.

b. Gross private investment

c. Net exports of goods and services.

d. Government consumption expenditures and gross investment.

Which of the following is not a component of an aggregate demand curve?

  1. Government spending (G)
  2. Investment (I)
  3. Consumption (C)
  4. Net exports (X-M)
  5. Saving

 

 

Compensation of Employees                                                                                    $194.2

U.S exports of goods and services                                                                              17.8

Consumption office capital (depreciation)                                                                11.8

Government purchases                                                                                                 59.4

Taxes on production and imports                                                                               14.4

Net private domestic investment                                                                                52.1

Transfer payments                                                                                                         13.9

U.S. imports of goods and services                                                                             16.5

Personal taxes                                                                                                                 40.5

Net foreign factor income                                                                                              2.2

Personal consumption expenditures                                                                         219.1

Statistical discrepancy                                                                                                    0

Calculate national income.

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