Macroeconomists define consumption as
A) purchases by the business sector.
B) wearing away and breakdown of capital goods.
C) the difference between imports and exports.
D) purchases by the household sector.

Name: Macroeconomists define consumption as A) purchases by the business sector. B) wearing away and breakdown of capital goods. C) the difference between imports and exports. D) purchases by the household sector.
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Question

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Macroeconomists define consumption as purchases made by the household sector.

Macroeconomists Define Consumption as