Private Spending on Final Goods and Services Is Part Of

question 125

Multiple Choice

Private spending on final goods and services is part of:

• A) consumption.
• B) investment.
• C) government spending.
• D) net exports.

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Definitions:

Economic Boycott

The refusal to buy, use, or participate in goods and services from a company, country, or group as a protest or to force political or economic change.

Guantanamo Bay

A U.S. naval base in Cuba, controversially known for its detention camp where suspected terrorists are held without trial.

Capitalism and Democracy

The relationship or system in which a mainly capitalist economy coexists with a democratic political system, emphasizing the interplay between economic freedom and political rights.

Counterinsurgency

A military or political action taken to combat guerrilla warfare and insurgency.