What Is the Fastest Growing Component of Consumption in the United

question 1

Multiple Choice

What is the fastest growing component of consumption in the United States?

• A) new home construction
• B) nondurable goods
• C) durable goods
• D) services

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Definitions:

Drawee

The party in a financial transaction who is directed to pay a certain amount of money, typically written on a draft or check.

Cashier's Check

A cashier's check is a check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier.

Check Forgery

The criminal act of making or altering a check with intent to defraud, such as by changing the amount or forging the drawer's signature.

Wrongfully Held Funds

Money that is unjustly retained or withheld from its rightful owner or beneficiary.