Question: Which statement is true? (LO1) a) Consumption as a percentage of GDP is higher today than it was in 1979. b) Government purchases are about

Which statement is true? (LO1)

a) Consumption as a percentage of GDP is higher today than it was in 1979.

b) Government purchases are about 30 percent of GDP.

c) Real GDP has risen faster than GDP since 1999.

d) Consumption is a little over half of GDP.

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