Question

Market size and growth of the total U.S. beer market was estimated to be around $106 billion. The total economic impact of the beer market is estimated to be 2 percent of the total U.S. GDP.a. True.b. False.

Answer 1

Answer:false

Explanation:

The current gdp of us is estimated to about $21427.1 billion.

So if beer market is estimated to be $106 billion, the percentage is ($106/$21427.1)*100

= 0.004947*100

=0.4947%

0.497% is not up to 2%