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What is usually the smallest component of spending in GDP in Australia? A) Consumption spending B) net export spending C) Government spending D) Investment 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

What is usually the smallest component of spending in GDP in Australia?

A) Consumption spending

B) net export spending

C) Government spending

D) Investment spending

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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