answersLogoWhite

0

consumption

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What is the largest spending component of GDP?

Consumption is largest spending components of GDP.It consists of private(household final consumption expenditure) in the economy.


What is the largest component of GDP spending in us?

consumption


The largest component of US GDP is?

household consumption.


What is the relationship between aggregate expenditure and real GDP?

There is a direct proportional relationship between aggregate expenditure and real GDP. Aggregate expenditure is actually equal to real GDP. This is different from the planned expenditure.


Can expenditure component be negative?

Can an expenditure component be negative


Why imports are subtracted in the expenditure approach to calculating GDP?

why imports are subtracted inthe expenditure approach to calculating GDP


- What is the expenditure approach to calculate GDP?

Gdp = c + i + g + (x - m)


The component of the US GDP are?

I'll give you the expenditure approach Consumption- share of GDP from consumer spending Investment-share from firm investment Government Spending-share of government spending Net Exports (exports-Imports)


Formula for GDP using expenditure apporach?

GDP = C + Ig +G +Xn


How does the leakages and injections in the aggregate expenditure model influence the level of GDP of an economy?

How does the leakages and injections in the aggregate expenditure model influence the level of GDP of an economy?


What is difference between Autonomous Expenditure and Induced Expenditure?

AUTONOMOUS AND INDUCEDEXPENDITURE :Autonomous expenditure is independent ofchanges in real GDP, whereas induced expenditurevaries as real GDP changes. In general, a change inautonomous expenditure creates a change in realGDP, which in turn creates a change in inducedexpenditure. The induced changes are at the heartof the multiplier effect.Induced expenditure is the sum of the componentsof aggregate expenditure that change withGDP.♦ Autonomous expenditure is the sum of the componentsof aggregate expenditure that do notchange when real GDP changes.


Which activity is an important component of the Gross Domestic Product (GDP)?

It matters by the approach you take. In the expenditure approach (C+I+G+NX) C or consumption is the largest part In the income approach, it is income given to labor In the value added approach, it is the difference between input price and output. note:all final GDP calculations arrive at the same value.

Trending Questions
Difference between demand and supply of money? Who said a good environment is good business? What problems can an entrepreneur expect to face? When and where did he first Walmart open? What is cemtex dep? How is it that such diversity can co-exist in a free market in which competition favors the fittest-surely there must be a single 'best' material for bicycle frames? What Economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions? Why did economists invent the term stagflation to describe the economic problems in the US during the 1970s? What is the Dow Jones going to do next week? Who are the specialists that match buyers and sellers from different countries and provide services to ease the process of entering global markets? How much does the government spend on coast protection per year? Ryder Supplies has its stock currently selling at 63.25 The company is expected to grow at a constant rate of 7 percent If the appropriate discount rate is 17 percent what is the expected dividend? How can inequality or discrimination hurt an economy's ability to maximize its human capital? What is the value of a 1793 8 reales? What is 200 denarii worth in us dollars? How does employee affect the business environment? The explicit costs of going to college include? What economic system do most countries operate under today? What the markets allow us to do? Why the inflation rate of zimbabwe is so high?