A. Since 1960, the consumption component of GDP has generally increased as a fraction of GDP.

B. The consumption component of GDP in the U. S. is greater than all three of the other components (government, investment, and net exports) combined.

C. Consumption as a fraction of total GDP in the U. S. is larger compared to all other high income nations in the world.

D. Spending on services is smaller than the amount of consumption spending on durable and nondurable goods.

Answers (1)

Know the Answer?

New Questions in Business

Estimate the Product of 58 and 16

Answers (1)

Sun plants can grow from both a blank and blank

Answers (1)

4x-10x combining like terms

Answers (1)

Which expression represents "6 more than x"? x - 6 6x x + 6 6 - x

Answers (1)

Granny visited the Eiffel Tower. It is 324 meters tall. The Statue of Liberty is 93 meters tall. What is the ratio of the height of the Eiffel Tower to the height of the Statue of Liberty

Answers (1)