Items That Are Purchased by Individuals for Their Own Enjoyment

question 63

Multiple Choice

Items that are purchased by individuals for their own enjoyment are called

• A)capital goods.
• B)government goods and services.
• C)private goods.
• D)exports of goods and services.
• E)consumption goods and services.

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Definitions:

Initiative

The ability to assess and initiate things independently, often leading to the implementation of new plans or strategies.

Employee's Departure

The process or act of an employee leaving a company or organization, either voluntarily or involuntarily.

Demotion

The act of reducing an employee's rank or position, usually as a disciplinary measure or due to organizational restructuring.