In comparing the magnitudes of the components of GDP according to the expenditure approach, we see that in the United States

A) government expenditure on goods and services is the largest category.
B) investment is the largest category.
C) investment is much larger than government expenditure on goods and services.
D) investment is less than government expenditure on goods and services.
E) investment, government expenditure on goods and services, and consumption expenditure are all about the same size.


D

Economics

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When it takes one firm in an industry to produce the quantity necessary to realize low unit costs, the industry

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The corporate form of business organization

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What do rational expectations theorists believe? What is their critics' point of view?

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