In What Category Is the Purchase of a Computer by a Person

question 178

Multiple Choice

In what category is the purchase of a computer by a person for household use in national income accounting?

• A)It is counted as consumption.
• B)It is counted as consumption if the computer was manufactured in the United States; otherwise it is ignored.
• C)It is included as part of investment.
• D)The purchase is not included at all, but the value of services the computer gives is included in consumption each year.

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Definitions:

Manufacturing Jobs

Employment in industries that produce goods in large quantities using raw materials, machinery, and labor, ranging from textiles and automobiles to electronics.

Public Highway System

A network of roads and highways built and maintained by a governmental entity for public use, facilitating transportation and communication across regions.

Working-Class Blacks

African American individuals who are part of the working class, highlighting their economic status and experiences in the labor market.

Influential Positions

Roles or titles held within organizations or societies that have significant power to effect change or make decisions.