Which of the following is not considered a consumption expenditure?
A) Purchases of services
B) Purchases of houses
C) Purchases of nondurable goods
D) Purchases of durable goods

Question

Quizplus · Accepted Answer

Purchases of houses are considered investment expenditures, not consumption expenditures. The other choices (purchases of services, nondurable goods, and durable goods) are all considered consumption expenditures.

Which of the Following Is Not Considered a Consumption Expenditure