Which of the Following Would Be Included in the Consumption

question 56

Multiple Choice

Which of the following would be included in the consumption expenditure component of GDP?

• A)export sales of snowmobiles
• B)government expenditure for highway construction
• C)the increase in inventories at lumber mills
• D)expenditure by a firm for architectural services
• E)a municipal government's purchase of new desks for city council chambers

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Definitions:

Larger Companies

Business entities with significant assets, employee size, and market influence, often operating on a national or international scale.

Code-Writing Process

involves the systematic procedures and techniques used in computer programming for creating, testing, and maintaining software and applications.

Columbia River Project

A comprehensive series of public works, including dams and hydroelectric power plants, initiated to provide irrigation, flood control, and electricity generation along the Columbia River in the United States.

Public-Works Programs

Government-funded projects aimed at creating jobs and building public infrastructure like roads, schools, and hospitals.