Which of the following items is the one type of household expenditure that is categorized as investment rather than consumption?

Question

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The purchase of a new house is categorized as investment because it is expected to generate income or appreciate in value over time. Spending on education, the purchase of stocks and bonds, and the purchase of durable goods such as stoves and washing machines are categorized as consumption because they are expected to be used up or wear out over time.

Which of the Following Items Is the One Type of Household