answersLogoWhite

0


Best Answer

Today, total goverment purchases represent about 18% of GDP.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What percentage of GDP is accounted for by total government purchases?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the percentage of total purchases made by a customer called?

the percentage of total purchases made by a customer in your store is called ?


What are the four major uses of total output?

consumption, investment, government purchases, and net exports


Does profit enter into price?

Yes sales price already accounted for the percentage of profit as formula for selling price as follows: Sales price = Total Cost + Profit margin


Where do you find credit purchases in financial statements?

Credit purchases are shown in income statement as a part of total purchases.


What is national expenditure?

It is the total expenditure for all kinds within the economy that is public and private. The national expenditure =Consumption+Investment+government purchases.


What percentage of electricity is produced by solar energy in the US?

According to US Energy Information Administration data for 2009, solar energy (based on electricity net generation kilowatthour billion figures) accounted for just 0.2% of total renewable electricity generated in 2009 and just 0.02% of total electricity generated in 2009. All renewable sources (mostly sourced from hydroelectric) accounted for 10.7% of total electricity generated.


What is public savings?

The public savings of a country is the total of private and national savings. It is usually the same as the income of a nation minus government purchases and consumption.


How can government actions or policies influence aggregate demand?

Government actions can control or influence the aggregate demand of its country by controlling pricing. Aggregates are the total amounts of goods that a country purchases for various things.


What percentage of energy is produced by geothermal energy in the US?

According to US Energy Information Administration data for 2009, geothermal energy (based on electricity net generation kilowatthour billion figures) accounted for 3.58% of total renewable electricity generated in the USA in 2009 and just 0.38% of total electricity generated in 2009. All renewable sources (mostly sourced from hydroelectric, geothermal and wind) accounted for 10.7% of total electricity generated.


In 2002 the state courts accounted for what percent of total convictions in the US?

94%


Who exports seaweed to the US?

Leading seaweed exporters to the United States were China, which accounted for $12.1 million of total U.S. imports; Japan, which accounted for $7.9 million of imports; and South Korea,


How do you figure out the total of something when you are given a portion of it and a percentage of it?

Portion/Percentage = Total/100 So Total = 100*Portion/Percentage.