Consumer spending represents about what fraction of total spending in the economy?
A)one-fifth
B)two-thirds
C)one-third
D)two-fifths
E)three-fourths

Name: Consumer spending represents about what fraction of total spending in the economy? A)one-fifth B)two-thirds C)one-third D)two-fifths E)three-fourths
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Question

Consumer spending represents about what fraction of total spending in the economy?
A)one-fifth 
B)two-thirds 
C)one-third 
D)two-fifths 
E)three-fourths

Quizplus · Accepted Answer

Consumer spending typically accounts for about two-thirds of total spending in the economy, making it a significant component of economic activity.

Consumer Spending Represents About What Fraction of Total Spending in the Economy