Which of the Following Typically Purchases the Most Goods and Services

question 57

Multiple Choice

Which of the following typically purchases the most goods and services in the U.S.economy?

• A)Foreigners.
• B)Households.
• C)Federal,state and local governments combined.
• D)Businesses.

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Definitions:

SES Backgrounds

Socioeconomic status backgrounds, referring to the social and economic factors that influence an individual's position in society.

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Gender

The characteristics of people as males and females.

Race

A classification of humans based on shared physical or social qualities into categories generally viewed as distinct within a given society.