Consumption expenditure is the payment by households for consumption of
A) goods and services.
B) goods but not services.
C) goods and exports.
D) services but not goods.
Correct Answer:
Verified
Q6: Which of the following items is NOT
Q7: The difference between gross investment and net
Q8: In the circular flow model of an
Q9: Real GDP can be criticised as a
Q10: Which of the following expenditures is for
Q12: The business cycle is the
A)irregular fluctuations of
Q13: Suppose XYZ Ltd. buys a new copier
Q14: A trough is the
A)upper turning point of
Q15: Real GDP is not a perfect indicator
Q16: Gross domestic product
A)measures the value of labour
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents