Nonconsumption spending accounts for roughly what percent of total output of goods and services?
A)20%
B)30%
C)40%
D)60%

Question

Nonconsumption spending accounts for roughly what percent of total output of goods and services?
A)20% 
B)30% 
C)40% 
D)60%

Quizplus · Accepted Answer

Nonconsumption spending refers to spending by businesses and governments rather than individual consumers. According to the Bureau of Economic Analysis, nonconsumption spending accounts for approximately 40% of total output or Gross Domestic Product (GDP) in the United States. Therefore, choice C is the correct answer.

Nonconsumption Spending Accounts for Roughly What Percent of Total Output