3. When the expenditure approach is utilized, there are four major components of GNP: (a) consumption, (b)

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3. When the expenditure approach is utilized, there are four major components of GNP:

(a) consumption,

(b) investment,

(c) government, and

(d) net exports.

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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Question Posted: Oct 25, 2024 09:08 AM

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3. When the expenditure approach is utilized, there are four major components of GNP: (a) consumption, (b)

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Macroeconomics Private And Public Choice

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