In 2010,personal Consumption Expenditures Constituted ________ Percent of Nominal GDP

question 21

Multiple Choice

In 2010,personal consumption expenditures constituted ________ percent of nominal GDP.

• A)70.6
• B)17
• C)18
• D)-5.4

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Definitions:

For-Profit

Describes businesses or organizations that operate primarily to generate profit for their owners or shareholders, as opposed to non-profit organizations.

Primary Groups

Fundamental social units where individuals have direct, close, and intimate interactions, typically including family and close friends.

Secondary Groups

Larger, more impersonal groups in which relationships are temporary and goal-oriented.

Social Networks

The webs of relationships and connections among individuals or organizations, facilitating communication and interaction.