In Which Spending Category Would You Enter the Following Transaction

question 121

Multiple Choice

In which spending category would you enter the following transaction if you were trying to calculate U.S. GDP? "People in France flock to see the latest Brad Pitt movie that was produced in Hollywood."

• A)Net exports
• B)Consumption
• C)Investment
• D)purchases

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Definitions:

Perceptions

The way individuals interpret and understand their surroundings and experiences.

Personality

The combination of characteristics or qualities that form an individual's distinctive character and behavioral patterns.

Fixed Investments

Long-term expenditures on physical assets like plant, property, and equipment, which are not easily liquidated.

Habit

A settled or regular tendency or practice, especially one that is hard to give up, often performed unconsciously.