Consumer spending is spending by ________ households on final goods and services produced ________.
A)domestic; domestically and abroad
B)domestic; domestically
C)domestic and foreign; domestically and abroad
D)domestic and foreign; domestically

Question

Quizplus · Accepted Answer

Consumer spending refers to the expenditure by domestic households on both domestically produced and internationally produced goods and services, reflecting the global nature of modern economies.

Consumer Spending Is Spending by ________ Households on Final Goods