In 2010,consumption was roughly ____ of GDP in the United States.
A) 80 percent
B) 90 percent
C) 70 percent
D) 60 percent
E) 50 percent
Correct Answer:
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Q23: Expenditure on _ is spending that is
Q25: The largest component of GDP is
A)government purchases.
B)investment.
C)exports.
D)consumption.
E)government
Q26: Consumption expenditures include
A)expenditures by households on goods
Q29: Which of the following is the correct
Q30: Investment expenditures are the sum of
A)business fixed
Q34: The number of new cars produced in
Q36: All of the following are approaches for
Q38: U.S. GDP includes the value of goods
Q39: In 2010, the United States GDP amounted
Q40: One trillion is equal to 1 million
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