Which of the following expenditures would be counted as consumption in GDP accounts?
A)Mark buys a new computer for his medical economic consulting business.
B)Juan leases a new computer for his graphic design company.
C)Leslie, a Health Canada scientist, buys a new computer for her lab at work.
D)Mary buys a new computer to check her e-mail and play computer games.

Question

Quizplus · Accepted Answer

Mary's purchase of a new computer for personal use is considered consumption, as it is a personal expenditure on goods and services. The other options involve business or government spending, which are not counted as consumption in GDP.

Which of the Following Expenditures Would Be Counted as Consumption