The largest component of U.S.GDP is
A) the government's budget surplus
B) capital investments in physical assets
C) consumption expenditures
D) the national debt
E) dollar-denominated exports of U.S. goods

Question

Quizplus · Accepted Answer

Consumption expenditures, or personal consumption expenditures, make up the largest component of U.S. GDP. This includes all purchases made by households for goods and services, such as food, clothing, and housing.

The Largest Component of U.S.GDP Is