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Author Question: Using the expenditure approach, total spending by households for durable goods, nondurable goods, ... (Read 157 times)

JMatthes

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on: Jun 30, 2018
Using the expenditure approach, total spending by households for durable goods, nondurable goods, and services is a category called:
 a. gross private domestic investment.
  b. capital consumption allowance.
  c. personal consumption expenditures.
  d. household investment.

Question 2

GDP does count:
 a. state and local government purchases.
  b. spending for new homes.
  c. changes in inventories.
  d. none of these.


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ong527

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


JMatthes

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Reply #2 on: Jun 30, 2018
Correct answers!


ong527

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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