A good proxy for the flow of consumption services would be
A)consumption of services and consumption of durables.
B)consumption of durables and consumption of nondurables.
C)aggregate consumption.
D)consumption of nondurables and consumption of services.
E)consumption of durables and services.

Question

Quizplus · Accepted Answer

Consumption of nondurables and consumption of services are both part of the flow of consumption services. Durables, on the other hand, are not considered part of the flow since they are purchased infrequently and provide extended utility over time. Aggregate consumption would include both goods and services, making it a less specific proxy for the flow of consumption services.

A Good Proxy for the Flow of Consumption Services Would