In the U.S. economy, which of the following statements is true?

Question

Quizplus · Accepted Answer

According to the Bureau of Economic Analysis, in 2020, approximately 66% of the U.S. economy was comprised of services, while goods made up the remaining 34%. Therefore, choice C is correct. Choice A is incorrect because while the economy is complex, this does not prevent the determination of the proportion of production between goods and services. Choice B is incorrect because there is actually a larger proportion of services produced. Choice D is incorrect because production is not even between goods and services.

In the US Economy, Which of the Following Statements Is True