Which of the following is not included in personal consumption expenditures?
A) New furniture and appliances bought by homeowners
B) Payments for cable and Internet services to homes
C) Purchases of mutual funds by consumers
D) Food purchased at supermarkets

Question

Quizplus · Accepted Answer

Personal consumption expenditures include consumer purchases of goods and services, such as furniture, food, and cable/internet services. However, purchases of mutual funds are not considered personal consumption expenditures, as they are categorized as financial investments.

Which of the Following Is Not Included in Personal Consumption