Categories of U.S.consumer Spending,ranked from Largest to Smallest,are

question 133

Multiple Choice

Categories of U.S.consumer spending,ranked from largest to smallest,are

• A)housing,food & beverages,education & communication,and transportation.
• B)education & communication,housing,food & beverages,and transportation.
• C)food & beverages,housing,transportation,and medical care.
• D)housing,transportation,food & beverages,and medical care.

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Definitions:

Subsistence

The basic means by which individuals or groups support themselves at a minimum level of subsistence, often involving self-sufficiency without significant trade or economic exchange.

Foreign Affiliation

The association or connection of an individual or entity with a country or organization outside of their own.

Trade Network

A trade network is a complex system of economic exchange involving the movement of goods and services across different regions or countries.

Public Utilities

Companies or organizations that provide essential services such as water, electricity, natural gas, and telecommunications to the public, typically subject to government regulation.