Which of the following statements is true about the u.s. economy?

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In the U.S. economy, which of the following statements is true?

a. More goods are produced than services.
b. More services are produced than goods.
c. The economy is too complex to determine the proportion of production that is devoted to producing services.
d. Production is divided evenly between goods and services.

Answer

In country US, services are important than goods. They focused more on services than goods. The share of services in GDP is more than goods. Thus, the option b (More services are produced than goods) is correct.

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