All of the Following Household Expenditures Are Included in Consumption

question 269

Multiple Choice

All of the following household expenditures are included in consumption expenditure EXCEPT

• A) purchase of corporate stock.
• B) payment to a dentist for filling a tooth.
• C) purchase of hair styling.
• D) purchase of a new purse.

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Definitions:

Unregulated Speculation

Financial investments in markets without governmental oversight, potentially leading to volatile market conditions and financial crises.

Dynasty

A line of hereditary rulers of a country or empire; a succession of people from the same family who play a prominent role in business, politics, or another field.