Asked by
DANIELLE CLARKE
on Nov 16, 2024Verified
Expenditures by households on education are included in the investment component of GDP.
Investment Component
The portion of a financial plan or policy that involves putting capital into assets expected to yield returns over time.
Education
The process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various means including teaching, training, and research.
- Understand how GDP accounts for government, investment, consumption, and net exports.
Verified Answer
RL
Learning Objectives
- Understand how GDP accounts for government, investment, consumption, and net exports.
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