Which Component of U

question 148

Multiple Choice

Which component of U.S.household spending has grown the most over the past ten years?

• A)Taxes
• B)Savings
• C)Spending on services
• D)Spending on nondurable goods
• E)Spending on durable goods

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Definitions:

Simplest Form

A term used to describe a fraction when both the numerator and denominator are reduced to their smallest possible integers while still maintaining the same value.

Multiplication Problem

A mathematical question or statement that involves finding the product of two or more numbers or expressions.

Subtract Fractions

The operation of taking one fraction away from another, which involves finding a common denominator and then subtracting the numerators.

Simplest Form

Simplest form refers to expressing a mathematical expression or fraction in its most reduced terms, with no common factors between the numerator and the denominator.