Which of the following statements is most correct?
A)Personal consumption expenditures of $10.1 billion in 2009 accounted for about 41 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

Personal consumption expenditures in 2009 were approximately $10.1 trillion and accounted for about 70% of GDP, which has been relatively stable throughout the 2000s.

Which of the Following Statements Is Most Correct