The three components of personal consumption expenditures are: ...

[madam-professor]

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.

[cswans24]

Answer to Question 1

a

Answer to Question 2

a

[madam-professor]

Thanks for the timely response, appreciate it

[momolu]

YES! Correct, THANKS for helping me on my review