Figure 9.1

-In Figure 9.1, what is the total amount of consumption expenditures?

Name: Figure 9.1 -In Figure 9.1, what is the total amount of consumption expenditures?
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Question

Figure 9.1
 
-In Figure 9.1, what is the total amount of consumption expenditures?

Quizplus · Accepted Answer

The total amount of consumption expenditures is the sum of the amounts spent on durable goods, nondurable goods, and services. In Figure 9.1, the amounts are $10,000 for durable goods, $5,000 for nondurable goods, and $10,000 for services, for a total of $25,000.

Figure 9.1 -In Figure 9.1, What Is the Total Amount of Consumption