Virginia Tech EC 201 EC201 Chapter 2 Assignment Sheet 1)Who uses the greatest part of the U.S. GDP? What type of economy have we transformed into and why? Why should the U.S. devote more output to investment goods? Why not produce more consumption goods? What is an income transfer? What are the four major categories that make up GDP?

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Virginia Tech EC 201 EC201 Chapter 2 Assignment Sheet 1)Who uses the greatest part of the U

Economics Jun 24, 2021

Virginia Tech

EC 201

EC201 Chapter 2 Assignment Sheet

1)Who uses the greatest part of the U.S. GDP?

What type of economy have we transformed into and why?

Why should the U.S. devote more output to investment goods? Why not produce more consumption goods?

What is an income transfer?

What are the four major categories that make up GDP?

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