Which of the Following Would Be Included as Consumption in the Expenditures

question 139

Multiple Choice

Which of the following would be included as consumption in the expenditures approach to calculating GDP?  

• A) spending by businesses on a plant and equipment 
• B) spending by government on office buildings 
• C) spending by households on new single-family houses 
• D) purchases of dental services by patients

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Definitions:

Public Prosecutor

An attorney whose official duty is to conduct criminal proceedings on behalf of the government or the public interest.

Own Businesses

The act of possessing, establishing, and managing one's commercial ventures or enterprises independently.

Contract Basis

A contractual agreement where work is performed for a fixed period or for the duration of a specific project.

Freelance Paralegals

Paralegals who work independently or on a contract basis rather than being employed full-time by a single law firm or legal department.