Personal Consumption Expenditures Consist Of

question 221

Multiple Choice

Personal consumption expenditures consist of:

• A)household and individual purchases of services and durable and nondurable goods.
• B)foreign investments in the United States.
• C)foreign plus domestic investments.
• D)domestic investments.

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Definitions:

Role

The behavior expected of an individual who occupies a given social position or status.

Status-role Complex

A concept in sociology that describes how an individual's social position (status) entails certain behaviors, expectations, and responsibilities (roles).

Interaction

The exchange or influence between two or more individuals, groups, or systems within a social context.

Talcott Parsons

An American sociologist known for developing a general theoretical framework for the social sciences and for his theories concerning social action, the system, and functionalism.