Which of the Following Correctly Lists What Is Included in the Consumption

question 21

Multiple Choice

Which of the following correctly lists what is included in the consumption component of GDP?

• A)household purchases of services and household purchases of nondurable goods but not any household purchases of durable goods
• B)household purchases of nondurable goods and durable goods other than residential construction but not household purchases of services
• C)household purchases of services,nondurable goods,and all durable goods
• D)household purchases of services,nondurable goods,and durable goods other than residential construction

---

Definitions:

Target Population

The entire group of individuals or instances about whom the research is focused and to whom the researcher wishes to generalize the study findings.

Systematic Bias

A consistent and predictable error introduced into sampling or testing by selecting or encouraging one outcome or answer over others.

Biased Sample

A sample that does not accurately reflect the population from which it was drawn, often due to overrepresentation or underrepresentation of certain groups.

Target Population

The entire group of individuals or instances about whom the research is focused and to whom the results of the study are intended to be generalized.