In 2013 in the United States, the approximate amount of GDP (in current dollars) that was spent on consumption per person was:
A) $36,400.
B) $53,100.
C) $8, 400.
D) $16,800.

Question

Quizplus · Accepted Answer

In 2013, the United States had a GDP of about $16.8 trillion and a population of about 316 million people. The consumption expenditure was approximately 68% of the GDP. Calculating the per capita consumption (68% of GDP divided by the population) gives a figure close to $36,400.

In 2013 in the United States, the Approximate Amount of GDP