The Fastest-Growing Component of U.S.personal Consumption Is Services

question 36

True/False

The fastest-growing component of U.S.personal consumption is services.

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Definitions:

Independent Contractors

Individuals or entities that perform work for others under a contract for services, maintaining control over how the work is completed, rather than functioning as employees.

Co-workers

Individuals who work together in the same organization or workplace.

Negligent

Failure to take proper care in doing something, leading to damage or harm to another person.

Agency

A relationship between two parties, where one, the agent, is authorized to act on behalf of the other, the principal, in legal or business matters.