Author Question: Using the expenditure approach, total spending by households for durable goods, nondurable goods, ... (Read 159 times)

JMatthes · **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.

ong527 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

c

Answer to Question 2

d

JMatthes · **Reply #2 on:** Jun 30, 2018

Correct answers!

ong527 · **Reply #3 on:** Jun 30, 2018

Great! Please up vote

Author Question: Using the expenditure approach, total spending by households for durable goods, nondurable goods, ... (Read 159 times)

JMatthes

Using the expenditure approach, total spending by households for durable goods, nondurable goods, ...

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ong527

Using the expenditure approach, total spending by households for durable goods, nondurable goods, ...

JMatthes

Using the expenditure approach, total spending by households for durable goods, nondurable goods, ...

ong527

Using the expenditure approach, total spending by households for durable goods, nondurable goods, ...