In the United States, consumption expenditure, as a fraction of GDP, usually runs about
A) 50 percent.
B) 55 percent.
C) 66 percent.
D) 70 percent.
E) 75 percent.
Correct Answer:
Verified
Q3: Which of the following is not a
Q4: Which of the following does not account
Q5: The equivalence of measuring GDP by spending,
Q6: Starting with national income, which of the
Q7: Labor's share of GDP in the United
Q9: Which of the following is not included
Q10: Inventories are included in the computation of
Q11: Which of the following is not added
Q12: When private and government saving in an
Q13: A current account deficit
A) is never possible
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