In the United States in 2009, Consumption Represented Approximately

question 10

Multiple Choice

In the United States in 2009, consumption represented approximately

• A)60 percent of GDP.
• B)70 percent of GDP.
• C)80 percent of GDP.
• D)90 percent of GDP.

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Definitions:

Foreign Conscripts

Individuals drafted into military service from another country, often without their consent, to serve in the armed forces of an adopting nation.

Louisiana Territory

A vast area of land in North America that was acquired by the United States from France in 1803, doubling the size of the young republic.

Colonialism

The policy or practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Financial Losses

The negative financial result from business operations, investment activities, or other financial transactions, where expenses exceed revenues or costs outweigh benefits.