Author Question: Personal consumption expenditures include A) expenditures by households on goods and services ... (Read 195 times)

olgavictoria · **on:** Jun 29, 2018

Personal consumption expenditures include

A) expenditures by households on goods and services produced only in the United States.
B) expenditures by households on goods and services produced in the United States and the rest of the world.
C) the purchase of new homes.
D) the purchase of used goods and new goods.

Question 2

When the value of one currency falls relative to another currency, the exchange rate for the first currency has

A) depreciated.
B) appreciated.
C) demanded.
D) revalued.