Answer
Four components of GDP are C+I+G+NX.
Consumption such as the purchase of food and goods within a household and products like CDs, computers, TVs and even a new car.
Investment such as the building of factories and additional power plants by firms and companies.
Government spending such as leisure travel by the president or if the president pays to play a round of golf during vacation.
NX-Net Exports the example of this is more like trade-based this is Exports Minus Imports. Examples can be anything traded to another country or products that are traded to from another country to your country.
Work Step by Step
This question asks you to identify the factors that influence GDP and possible examples of GDP.
