In GDP measurement,consumer spending includes
A)spending by businesses on labor resources
B)spending by government on office buildings
C)spending by individual households on automobiles and durables
D)exchanges in business inventories
E)a firm's purchase of a radio made in Taiwan

Question

Quizplus · Accepted Answer

Consumer spending includes the purchases made by individual households on goods and services, including automobiles and durables. Choices A, B, D, and E are not included in consumer spending.

In GDP Measurement,consumer Spending Includes