The personal consumption expenditure includes all of the following, EXCEPT spending by private households on:

Name: The personal consumption expenditure includes all of the following, EXCEPT spending by private households on:
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Capital stock refers to investments in equipment, machinery, and infrastructure by businesses and governments. Personal consumption expenditure only includes spending by private households on final goods and services, including both durable and non-durable goods.

The Personal Consumption Expenditure Includes All of the Following, EXCEPT