________ is/are the main category of expenditure in Canada,amounting to over 55% of GDP.
A) Consumption
B) Investment
C) Government purchases
D) Net exports

Question

Quizplus · Accepted Answer

Consumption refers to the spending by households on goods and services, and it accounts for over 55% of GDP in Canada, making it the largest category of expenditure. Investment refers to spending by businesses on capital goods, and government purchases refer to spending by the government on goods and services. Net exports refer to the difference between exports and imports, and while it is an important component of a country's economy, it is not the largest category of expenditure in Canada.

________ Is/are the Main Category of Expenditure in Canada,amounting to Over