Consumption Expenditures Include

question 101

Multiple Choice

Consumption expenditures include

• A)expenditures by households on goods and services produced only in the United States.
• B)purchases of consumer goods produced in the United States by households, businesses, government, and other countries.
• C)purchases of consumer goods produced in the United States and the rest of the world by households, businesses, government, and other countries.
• D)expenditures by households on goods and services produced in the United States and the rest of the world.
• E)the purchase of new homes by households.

---

Definitions:

Acceptance Stage

is a phase in various models of psychological processes where an individual recognizes and accepts the reality of a situation.

Competitive

A characteristic of businesses or individuals that strive to provide products or services in a manner that outperforms their rivals.

Type A Orientation

The way people are characterized as competitive, impatient, aggressive, and achievement oriented.

Aggressive

A behavior characterized by boldness or assertiveness, with a possible inclination to dominate or challenge others.