In the U.S.,government expenditure accounts for
A) 10% of GDP
B) 20% of GDP
C) 40% of GDP
D) government expenditure is not included in GDP
Correct Answer:
Verified
Q22: The primary emphasis in U.S.national income accounts
Q23: Assume that gross national product amounts to
Q24: Policymakers utilize gross domestic product figures
A)to monitor
Q25: Which of the following would be included
Q26: Potential output
A)is defined as the level of
Q28: Which of the following governmental expenditures are
Q29: Based on the data in Table 2-7,recessions
Q30: Personal saving
A)equals national income less personal consumption
Q31: Which of the following helps economists avoid
Q32: Profits earned in the United States by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents