Which of the following spending components makes up the largest percentage of Gross Domestic Product (GDP)?
A) Consumption expenditures
B) Government expenditures
C) Gross private domestic investment expenditures
D) Expenditures on net exports of goods and services

Question

Quizplus · Accepted Answer

Consumption expenditures (spending by consumers on goods and services) typically make up the largest percentage of GDP in most countries. In the United States, for example, consumer spending typically accounts for over two-thirds of GDP.

Which of the Following Spending Components Makes Up the Largest