Which of the following is the correct ordering if we want to rank the four spending shares of U.S. GDP in 2015 in descending (from highest to lowest) order?
A)Consumption, government purchases, investment, net exports
B)Consumption, investment, government purchases, net exports
C)Government purchases, consumption, investment, net exports
D)Consumption, government purchases, net exports, investment
E)Consumption, investment, net exports, government purchases

Question

Quizplus · Accepted Answer

According to the Bureau of Economic Analysis, the four spending shares of U.S. GDP in 2015 were:
- Consumption: 68.5%
- Government purchases: 17.7%
- Investment: 16.0%
- Net exports: -2.2%
Therefore, the correct ordering in descending order (from highest to lowest) would be: 
Consumption (68.5%), government purchases (17.7%), investment (16.0%), and net exports (-2.2%). Choice A matches this ordering.

Which of the Following Is the Correct Ordering If We