Since investment spending in the United States is a smaller percentage of GDP than consumer spending,it is not essential for economic growth.

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Quizplus · Accepted Answer

Investment spending is an important component of economic growth, as it creates new jobs, increases productivity, and stimulates innovation. In fact, investment spending can have a multiplier effect on the economy, as it generates additional spending and income in other sectors. While consumer spending also plays a critical role in driving economic growth, focusing only on consumption without investing in new production capacity can lead to economic stagnation in the long run.

Since Investment Spending in the United States Is a Smaller