Which of the Following Is Not an Example of an Industry

question 294

Multiple Choice

Which of the following is not an example of an industry?

• A)the computer industry
• B)the automobile industry
• C)the landscaping industry
• D)the government industry
• E)the cable television industry

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Definitions:

Automatic Stabilizers

Structural features of government spending and taxation that reduce fluctuations in disposable income, and thus consumption, over the business cycle.

Net Taxes

The total taxes paid to the government after subtracting transfers and government spending directly beneficial to the taxpayer, such as social security or unemployment benefits.

Disposable Income

The finance households possess for setting aside savings and covering expenses, following income tax deductions.

Consumption

The use of goods and services by households.