The components of consumption expenditures include
A)investment in stocks and bonds.
B)nondurable goods consumption.
C)purchases of used cars and books.
D)donations.
E)government consumption.

Question

Quizplus · Accepted Answer

Consumption expenditures refer to the purchases made by households on goods and services for their own immediate use. Nondurable goods, such as food, clothing, and personal care products, are examples of items that fall within this category. The other options listed are not considered consumption expenditures.

The Components of Consumption Expenditures Include