Use the plot below to answer the following question: In the expenditure approach to GDP the largest component for the U.
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Use the plot below to answer the following question: In the expenditure approach to GDP the largest component for the U.
question: In the expenditure approach to GDP the largest component for the U.S. in recent decades has been : FRED. - Shares of gross domestic product: Personal consumption expenditures - Shares of gross domestic product: Gross private domestic investment - Shares of gross domestic product Government consumption expenditures and gross investment 70 60 50 Percent 10 30 20 10 1950 1960 1970 1980 1990 2000 2010 2020 Shaded areas indicate Us recessions Source: U.S. Bureau of Economic Analysis fred stoutstedet government purchases of goods and services private consumption expenditures aggregate investment net exports
Use the plot below to answer the following