ECONOMICS
GDP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following expenditure components of GDP can be negative or positive?
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Consumption expenditures.
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Investment expenditures.
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Government purchases of goods and services.
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Net exports of goods and services.
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Explanation:
Detailed explanation-1: -Net exports of goods and services. Expenditure can never be negative because you either spend or you don’t.
Detailed explanation-2: -When using the expenditures approach to calculating GDP the components are consumption, investment, government spending, exports, and imports.
Detailed explanation-3: -Question: One major component of GDP that can be negative is consumption investment government expenditures net exports.
Detailed explanation-4: -The four components of gross domestic product are personal consumption, business investment, government spending, and net exports. 1 That tells you what a country is good at producing. GDP is the country’s total economic output for each year.
There is 1 question to complete.