Consumption spending includes:
a. durable goods, nondurable goods, and housing.
b. durable goods, nondurable goods, and imports.
c. durable goods, services, and housing.
d. durable goods, nondurable goods, and services.
e. nondurable goods, services, and housing.
Question 2
GDP includes:
a. the negative attributes from erosion and deforested landscape.
b. all quality improvements resulting from higher quality goods replacing inferior goods.
c. the cleaning-up expenses associated with pollution.
d. the value of leisure time.
e. the illegal activities related to the underground economy.
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
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