Expenditures by households on education are included in the consumption component of GDP.
Correct Answer:
Verified
Q22: Expenditures by households on education are included
Q23: When an American doctor opens a practice
Q24: If the value of an economy's imports
Q25: New home construction is included in the
Q26: When an American doctor opens a practice
Q28: If the U.S. government reports that GDP
Q29: If a good produced this quarter goes
Q30: The government computes measures of income other
Q31: At a rummage sale, you buy two
Q32: If a firm produces a good and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents