Personal consumption expenditures:
A) represent close to two-thirds of GDP.
B) are equal to personal income minus individual taxes.
C) include durable good purchases but not nondurable good purchases.
D) do not include any intangible consumption items.
E) include all goods and services bought by the government.
Correct Answer:
Verified
Q1: Which of the following purchases would be
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A)purchases of
Q33: Personal consumption expenditures include:
A) all commodities that
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A) is the dollar value of all
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A) businesses and
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