Suppose that consumption spending is $3,200 billion,spending on durable goods is $800 billion,and spending on services is $1,800 billion.What does spending on nondurable goods equal?
A) $5,800 billion
B) $600 billion
C) $2,400 billion
D) $3,200 billion
E) There is not enough information to answer this question.

Question

Quizplus · Accepted Answer

According to the given information, 
Consumption spending = $3,200 billion 
Spending on durable goods = $800 billion 
Spending on services = $1,800 billion

To find spending on nondurable goods, we can subtract spending on durable goods and services from consumption spending:

Spending on nondurable goods = Consumption spending - Spending on durable goods - Spending on services 
= $3,200 billion - $800 billion - $1,800 billion 
= $600 billion

Therefore, the answer is B.

Suppose That Consumption Spending Is $3,200 Billion,spending on Durable Goods