Which of the following represents the largest share of U.S.gross domestic product (GDP)?
A) services
B) agricultural production
C) the production of manufactured goods
D) the production of physical goods
E) the production of capital goods

Question

Quizplus · Accepted Answer

According to the Bureau of Economic Analysis, services accounted for approximately 80% of the U.S. GDP in 2020. This includes industries such as healthcare, finance, and retail. Agricultural production, the production of manufactured goods, and the production of physical goods all make up smaller shares of the GDP. The production of capital goods refers to machinery and other equipment used in the production process, and is included in the overall category of goods-producing industries.

Which of the Following Represents the Largest Share of U