Which of the following components of GDP accounts for the bulk of national expenditures in the United States?
A)Government purchases
B)Imports
C)Consumption
D)Investment
E)Exports

Name: Which of the following components of GDP accounts for the bulk of national expenditures in the United States? A)Government purchases B)Imports C)Consumption D)Investment E)Exports
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Question

Quizplus · Accepted Answer

Consumption accounts for approximately 70% of GDP in the United States, which is the highest among the components of GDP.

Which of the Following Components of GDP Accounts for the Bulk