According to the expenditure approach to measuring GDP, in the United States , the largest component of GDP is
A)government expenditure on goods and services.
B)investment.
C)wages.
D)consumption expenditure.
E)net exports of goods and services.

Question

Quizplus · Accepted Answer

Consumption expenditure is the largest component of GDP in the United States, as it accounts for the majority of total economic activity, reflecting household spending on goods and services.

According to the Expenditure Approach to Measuring GDP, in the United