Author Question: The three components of personal consumption expenditures are: a. durable goods, nondurable goods, ... (Read 124 times)

madam-professor · **on:** Jun 30, 2018

The three components of personal consumption expenditures are:
a. durable goods, nondurable goods, and services.
b. durable goods, food, and housing.
c. durable goods, nondurable goods, and housing.
d. durable goods, services, and food.
e. durable goods, services, and transportation.

Question 2

The largest component of household consumption spending is expenditures on:
a. services.
b. durable goods.
c. nondurable goods.
d. food.
e. transportation.