Question 8 The largest component of GDP as measured using the expenditure approach is:wages and salary earningsnet profits of corporationsconsumptionO investmentgovernment spending

The measure that depicts the value of goods and services being produced in an economy during…

Answered: The largest component of GDP as…

The largest component of GDP as measured using the expenditure approach is: wages and salary earnings O net profits of corporations consumption investment government spending

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question 8

The largest component of GDP as measured using the expenditure approach is:
wages and salary earnings
net profits of corporations
consumption
O investment
government spending

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