In Canada,the growth rate of expenditures has been most volatile for
A) durable goods.
B) nondurable goods.
C) services.
D) The volatility has been roughly equal for all three categories of consumption expenditures.

Question

Quizplus · Accepted Answer

Durable goods tend to have more volatile expenditure growth rates due to their nature as discretionary purchases, which are more sensitive to economic cycles compared to nondurable goods and services.

In Canada,the Growth Rate of Expenditures Has Been Most Volatile