Consumption is reflected by the sum of personal consumption expenditures and government purchases of goods and services.

Name: Consumption is reflected by the sum of personal consumption expenditures and government purchases of goods and services.
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Quizplus · Accepted Answer

This statement is true. Consumption is measured as the sum of personal consumption expenditures and government purchases of goods and services in the calculation of Gross Domestic Product (GDP).

Consumption Is Reflected by the Sum of Personal Consumption Expenditures