The largest expenditure category in U.S. GDP in 2011 was:
A) government purchases.
B) personal consumption.
C) net exports.
D) gross private domestic investment.

Name: The largest expenditure category in U.S. GDP in 2011 was: A) government purchases. B) personal consumption. C) net exports. D) gross private domestic investment.
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Question

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According to the Bureau of Economic Analysis, personal consumption expenditures accounted for approximately 71% of U.S. GDP in 2011, making it the largest expenditure category.

The Largest Expenditure Category in U