Consumption expenditures include
A) expenditures by households on goods and services produced only in the United States.
B) purchases of consumer goods produced in the United States by households, businesses, government, and other countries.
C) purchases of consumer goods produced in the United States and the rest of the world by households, businesses, government, and other countries.
D) expenditures by households on goods and services produced in the United States and the rest of the world.
E) the purchase of new homes by households.
Correct Answer:
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Q21: In 2015, consumption was roughly _ of
Q22: Intermediate goods are part of final goods.
Q23: Expenditure on _ is spending that is
Q24: You buy a new bed that was
Q25: The largest component of GDP is
A)government purchases.
B)investment.
C)exports.
D)consumption.
E)government
Q27: If you own and operate an antique
Q28: Which of the following is the correct
Q29: If a computer retailer has 20 computers
Q30: Investment expenditures are the sum of
A)business fixed
Q31: It is easier to measure GDP in
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