In 2012 in Canada,the percentage of GDP that was spent on consumption was approximately:
A) 56 percent.
B) 50 percent.
C) 33 percent.
D) 16 percent.

Question

Quizplus · Accepted Answer

In 2012, the Statistics Canada reported that the percentage of GDP spent on household final consumption expenditure was 56 percent. This means that more than half of Canada's economic output went towards personal consumption expenditures such as food, housing, and automobiles.

In 2012 in Canada,the Percentage of GDP That Was Spent