Answered: What percentage of the U.S. gross…

What percentage of the U.S. gross domestic product (GDP) consists of consumer or household purchases (consumption)? Group of answer choices 55% 25% 35% 75% 80%

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter11: Gross Domestic Product

Section: Chapter Questions

Problem 4SQ

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Question

What percentage of the U.S. gross domestic product (GDP) consists of consumer or household purchases (consumption)?

Group of answer choices

55%

25%

35%

75%

80%

Definition Video Definition Overall monetary value of all the complete or final services and goods that a country can produce within its domestic boundaries in a specific period. Video

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