The purchase of a new house is included in
A)consumption expenditures.
B)investment expenditures.
C)government purchases.
D)net exports.

Question

Quizplus · Accepted Answer

The purchase of a new house is considered an investment expenditure, as it involves spending money to acquire a long-term asset that is expected to generate future income or appreciation in value. Consumption expenditures refer to spending on goods and services consumed immediately or in the short term, government purchases refer to spending by the government on goods and services, and net exports refer to the difference between exports and imports.

The Purchase of a New House Is Included in