Which entity produces the greatest proportion of U.S. gross domestic product?
A)government
B)non-profit organizations such as hospitals
C)firms
D)universities

Question

Quizplus · Accepted Answer

Firms, including businesses and corporations, produce the greatest proportion of U.S. gross domestic product. In 2019, they contributed over 70% of the country's GDP. The government, non-profit organizations, and universities also contribute to the economy, but to a much lesser extent compared to firms.

Which Entity Produces the Greatest Proportion of U