In the United States,the largest expenditure component in GDP is
A) gross private domestic investment.
B) government purchases of goods and services.
C) consumption expenditures.
D) net exports.
E) none of the above

Question

Quizplus · Accepted Answer

According to the Bureau of Economic Analysis, consumption expenditures make up nearly 70% of the United States' GDP, making it the largest expenditure component.

In the United States,the Largest Expenditure Component in GDP Is