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, which includes spending by households on goods and services, makes up the largest percentage of GDP in most countries.

Which of the Following Spending Components Makes Up the Largest