The consumption category includes all purchases
A) made by consumers.
B) of goods and services made by consumers.
C) of final goods and services made by consumers.
D) of final goods and services made by consumers except new houses.
E) of final goods and services made by consumers except new houses and new cars.

Question

Quizplus · Accepted Answer

The consumption category in GDP accounting includes all purchases of final goods and services made by consumers, except for new houses, which are considered an investment.

The Consumption Category Includes All Purchases