In 2005,consumption expenditures accounted for about 70 percent of the total GDP.

Name: In 2005,consumption expenditures accounted for about 70 percent of the total GDP.
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This statement is true according to data from the Bureau of Economic Analysis (BEA) for the year 2005. Consumption expenditures, also known as personal consumption expenditures (PCE), made up approximately 70.1% of the total gross domestic product (GDP) for that year.

In 2005,consumption Expenditures Accounted for About 70 Percent of the Total