Question

For the past several decades in the United States, consumption has accounted for about _____ % of GDP?a. 60-70%b. 5-15%c. 15-25%

Answer 1

Answer:

a. 60-70%

Explanation:

GDP = Consumption spending + Investment spending + Government Spending + Net Export

Consumption spending is usually the largest at between 60 and 70 percent.

I hope my answer helps you