Which of the Following Would Not Be Considered a Consumer

question 85

Multiple Choice

Which of the following would not be considered a consumer durable?

• A) A sofa
• B) A personal computer
• C) Dinner each month at a nice restaurant
• D) An automobile
• E) A refrigerator

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Definitions:

Financial Statements

Formal records of the financial activities and condition of a business, person, or other entity, providing an overview of its financial performance and health.

Common Shares

Units of ownership in a public company, giving shareholders voting rights and a share in the company's profits, often through dividends.

Real Income

Income of individuals or nations after adjusting for inflation, reflecting the true purchasing power over time.

Depreciation

An accounting method of allocating the cost of a tangible asset over its useful life.