In 2009, the approximate percentage of GDP in the United States that was spent on consumption was approximately:
A)67 percent.
B)50 percent.
C)31 percent.
D)16 percent.

Question

Quizplus · Accepted Answer

Consumption spending includes all personal expenditure, from household spending on goods and services to government spending on public goods and services. In 2009, consumption spending accounted for roughly two-thirds (67%) of the United States' GDP.

In 2009, the Approximate Percentage of GDP in the United