0
United stated consumer spending account for what percentage of the GDP?
Wiki User
∙ 10y ago
2/3
according to my macroecon class
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Which country is the largest consumer of milk?
India is the largest consumer of milk in the world. This is due to the widespread use of milk in various dishes in Indian cuisine, as well as the cultural significance of dairy products in the country.
State with highest percentage of land being farmed?
Nebraska has the largest percentage of farmed land in the United States.
Halloween comes in where on the spending chartwith Christmas being first?
Halloween typically falls after Christmas in terms of spending, ranking as the second largest commercial holiday in the US. While Christmas spending remains the highest, Halloween spending has been steadily increasing over the years with a focus on costumes, decorations, candy, and parties.
What nation is the largest consumer of illegal drugs?
The United States is often considered the largest consumer of illegal drugs in the world due to its high demand for substances like cocaine, heroin, and methamphetamine. This is fueled by various factors, including socioeconomic conditions, accessibility, and cultural norms around drug use.
Country with greatest percentage of land area affected by desertification?
united states of America
Why do other countries depend on the USA's GDP?
United States GDP consists of mostly consumer spending(approx 70%).Consumer products are now almost exclusivley manufactured in foreign countries.
What type of countries often have mixed economies ?
Countries with a mixed economy include Iceland, Sweden, France, the United Kingdom, the United States, Russia and China. These countries have a mix of government spending and free-market systems based on the share of government spending as a percentage of gross domestic product.
What would be expected effect on consumer spending and on the unemployment rate if the United states government were to increase personal income tax rates?
Some say that the people will have more money. The government will have no money to build more roads, more buildings, and more schools. The problem is finding a good middle between too much tax and not enough tax.
When was Consumer Price Index - United Kingdom - created?
Consumer Price Index - United Kingdom - was created in 1947.
When was United States Consumer Financial Protection Bureau created?
United States Consumer Financial Protection Bureau was created in 2011.
Where can you obtain consumer rights advice in the United Kingdom?
The United Kingdom Government official website provides information and advice about consumer rights. The Adviceguide website also provides consumer rights advice.
Which country is the biggest consumer of McDonald's in Europe?
The United Kingdom is the largest European consumer of McDonalds.
Is the United States he largest consumer of electricity?
According to the EIA, or energy information administration, the United States is the largest consumer, producer and net importer of electricity.
How does one get a healthy savings account?
A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP).[1][2] The funds contributed to an account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), funds roll over and accumulate year to year if not spent
Which law did the Consumer Credit Act 1974 of the Parliament of the United Kingdom reform?
The Consumer Credit Act 1974 of the Parliament of the United Kingdom reformed consumer credit laws to protect the consumer. It states that creditors must be licensed and credit agreements be fair and just.
What caused the us recession in 2001?
There was a recession in 2001. Part of the reason was the terrorist attacks against the United States. Prices sagged on the stock markets, business earnings declined causing unemployment to rise. This in turn slowed down consumer spending.
Can you use deficit spending in a sentence?
President Obama faces strong political pressure to curb deficit spending in the United States.
