Which of the following statements about U.S. production is correct? A. Construction accounts for a larger percentage

Question:

Which of the following statements about U.S. production is correct?

A.  Construction accounts for a larger percentage of total production than does manufacturing. 

B.  Real estate services account for 14.5 percent of the value of total production, larger than any other item of services or goods.

C.  Consumption goods and services represent 78.5 percent of U.S. production by value and that percentage doesn’t fluctuate much.

D.  The manufacture of goods represents more than 50 percent of total production.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

Question Posted: