BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The 4 parts of GDP are consumer spending, business investment, government spending, and ____
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economic growth
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net exports
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net imports
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inflation
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Explanation:
Detailed explanation-1: -When using the expenditures approach to calculating GDP the components are consumption, investment, government spending, exports, and imports.
Detailed explanation-2: -literacy rate, natural resources, physical capital, and standard of living. explain how changes in a particular factor will influence the GDP of a country. analyze economic data and identify to which type of resource the data refers.
There is 1 question to complete.