Which of the following statements is most correct?
A)Personal consumption expenditures of $10.1 trillion in 2009 accounted for about 71 percent of GDP; this percentage relationship has been very stable throughout the decade of the 2000s.
B)Personal consumption expenditures of $1.1 trillion in 2009 accounted for about 11 percent of GDP; this percentage relationship has been very stable throughout the decade of the 2000s.
C)Personal consumption expenditures of $10.1 trillion in 2009 accounted for about 11 percent of GDP; this percentage relationship has been very unstable throughout the decade of the 2000s.
D)Personal consumption expenditures of $1.1 trillion in 2009 accounted for about 71 percent of GDP; this percentage relationship has been very unstable throughout the decade of the 2000s.
E)none of the above.

Question

Quizplus · Accepted Answer

According to the statement, personal consumption expenditures accounted for about 71 percent of GDP in 2009 and this percentage relationship has been stable throughout the 2000s. The other statements either have incorrect values or imply an unstable relationship, which goes against the given information. Therefore, A is the most correct statement.

Which of the Following Statements Is Most Correct