Which of the Following Expenditures Would Increase the Consumption Component

question 108

Multiple Choice

Which of the following expenditures would increase the consumption component of U.S.GDP?

• A)You buy a new house.
• B)You buy a pizza.
• C)You buy 1,000 shares of stock.
• D)You buy a used book about finance.

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Definitions:

Seasonal Variations

Refers to fluctuations in business activity, sales, or demand that recur with the changing seasons of the year.

Consumer Spending

Consumer spending is the total amount of money spent by households and individuals on goods and services, reflecting the economic activity and health of a nation or region.

Proprietary Databases

Exclusive databases owned by an organization that contain information not available to the public or competitors, often used for competitive advantage.

Geographic Information

Information that is related to a specific location on the Earth's surface, often used in mapping and spatial analysis.