Which is the largest component of aggregate expenditure in Australia?
A)planned investment expenditures
B)consumption expenditures
C)government expenditures
D)net export expenditures

Question

Quizplus · Accepted Answer

Consumption expenditures make up the largest component of aggregate expenditure in Australia. In 2020, it accounted for approximately 56% of GDP, while planned investment expenditures accounted for 18%, government expenditures accounted for 24%, and net export expenditures accounted for 2%.

Which Is the Largest Component of Aggregate Expenditure in Australia