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An organization estimated that in a particular year the population of a country spent $10.5 trillion in personal consumption. The major categories of these expenditures

An organization estimated that in a particular year the population of a country spent $10.5 trillion in personal consumption. The major categories of these expenditures are durable goods ($1.4 trillion; for example, cars, furniture, recreational equipment), nondurable goods ($2.4 trillion; for example, food, clothing, fuel), and services ($6.6 trillion; for example, health care, education, transportation). Spending on health care was estimated to be $1.6 trillion in that year. About what percentage of all personal spending is devoted to health care

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