Consumption expenditures were previously the largest component of GDP, but with the growth of government and government expenditures, this is no longer true.

Name: Consumption expenditures were previously the largest component of GDP, but with the growth of government and government expenditures, this is no longer true.
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Question

Consumption expenditures were previously the largest component of GDP, but with the growth of government and government expenditures, this is no longer true.
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Quizplus · Accepted Answer

Consumption expenditures remain the largest component of GDP in most countries, including the United States, despite the growth in government expenditures.

Consumption Expenditures Were Previously the Largest Component of GDP, but with the Growth