Recently,consumption Has Comprised Approximately

question 91

Multiple Choice

Recently,consumption has comprised approximately

• A) one-half of GDP.
• B) two-thirds of GDP.
• C) three-fourths of GDP.
• D) four-fifths of GDP.

---

Definitions:

Corporate Profits

The earnings of companies after all expenses and taxes have been paid.

Tax Revenues

The income that is gained by governments through taxation—funding various public expenses.

Transfer Payments

Monetary payments made by governments that do not correspond to the provision of a good or service, such as social security payments or welfare benefits.

Federal Budget

The government's estimate of revenue and expenditure for a specific fiscal year, detailing how public funds will be allocated.