Use the following to answer questions .
Exhibit: Consumption and Real GDP
-(Exhibit: Consumption and Real GDP) If real GDP is $4 trillion, consumption equals
A) 0.75 trillion.
B) 1 trillion.
C) 3 trillion.
D) 4 trillion.

Question

Use the following to answer questions .
Exhibit: Consumption and Real GDP 
-(Exhibit: Consumption and Real GDP) If real GDP is $4 trillion, consumption equals
A) 0.75 trillion. 
B) 1 trillion. 
C) 3 trillion. 
D) 4 trillion.

Quizplus · Accepted Answer

Consumption typically constitutes a large portion of GDP, often around 70-75%. If real GDP is $4 trillion, consumption is likely around $3 trillion, assuming typical consumption patterns.

Use the Following to Answer Questions