Which of the Following Is Included in the Consumption Component

question 21

Multiple Choice

Which of the following is included in the consumption component of GDP?

• A) CPP/QPP payments
• B) purchases of foreign goods and services
• C) purchases of newly constructed homes
• D) goods produced but not sold during the reference period

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Definitions:

Corporate Governance

The system of rules, practices, and processes by which a firm is directed and controlled.

Independent Directors

Independent directors are members of a board of directors who do not have a material or pecuniary relationship with the company or its related entities, ensuring unbiased oversight.

Common Stock

A type of equity ownership in a corporation, giving holders voting rights and a share of profits in the form of dividends.

Ownership Share

The portion of a company or asset owned by an individual or entity, typically represented by stock in the company.