Aggregate Expenditures Include All of the Following EXCEPT

question 337

Multiple Choice

Aggregate expenditures include all of the following EXCEPT

• A) consumption of food.
• B) purchases of intermediate goods.
• C) purchases of a piece of capital equipment.
• D) purchases of guns by the government.

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Definitions:

Fossil Fuels

Natural fuels such as coal, oil, and natural gas formed from the fossilized remains of ancient plants and animals.

Nuclear Power Plants

Facilities that generate electricity by using heat from nuclear reactions to produce steam which turns turbines.

Renewable Sources

Energy sources that are naturally replenished on a human timescale such as solar, wind, hydroelectric, and geothermal power.

Natural Radioactivity

The spontaneous emission of radiation from the nucleus of an unstable atom as a result of nuclear decay processes.