Which of the Following Is Included in the Consumption Component

question 32

Multiple Choice

Which of the following is included in the consumption component of U.S.GDP?

• A)purchases of staplers,paper clips,and pens by U.S.business firms
• B)purchases of natural gas by U.S.households
• C)purchases of newly constructed homes by U.S.households
• D)All of the above are correct.

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Definitions:

Information Technology

The use of computers, storage, networking, and other physical devices, infrastructure, and processes to create, process, store, secure, and exchange all forms of electronic data.