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Components of GDP in 2020 Category (billions of dollars) Consumer spending Durable goods $1,082.80 Nondurable goods 2,833.00 Services 5,794.40 Investment spending Fixed investment spending 2,134.00
Components of GDP in 2020 Category (billions of dollars) Consumer spending Durable goods $1,082.80 Nondurable goods 2,833.00 Services 5,794.40 Investment spending Fixed investment spending 2,134.00 Nonresidential 1,503.80 Structures 480.3 Equipment and software 1,023.50 Residential 630.2 Change in private inventories -3.6 Net exports Exports 1,662.40 Imports 2,370.20 Government purchases of goods and services Federal 979.3 National defense 662.2 Nondefense 317.1 State and local 1.695.50 Which of the following is not correct? O A. Consumer spending on services as a percentage of total consumer spending = 59.7%. O B. Investment spending as a percentage of GDP = 15.43% O c. Government purchases of goods and services on national defense as a percentage of federal purchases of goods and services = 67.6%. O D. Net exports as a percentage of imports = 80.1%
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