Examlex
Which of the following would be an example of a consumption expenditure?
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often provided as a workplace benefit.
Retirement Savings Plans
Financial arrangements designed to help individuals save and invest money for their retirement, often offering tax advantages and employer contributions.
Pension Plans
Financial programs established by employers to provide retirement income to employees, funded during their working years.
Mandatory Benefit
Employment benefits that an employer is legally required to provide to employees, such as social security and workers' compensation.
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