Personal consumption of retail goods and services accounts for approximately ________ % of the United States GDP.

Question

Quizplus · Accepted Answer

Personal consumption makes up the majority of the United States GDP, with estimates ranging from 68-72%. Therefore, choice D is the best answer as it encompasses this range. Choices A, B, and C are too low to accurately reflect the impact of personal consumption on the US economy.

Personal Consumption of Retail Goods and Services Accounts for Approximately