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.

---

Definitions:

Warranties And Claim Policies

Guarantees provided by manufacturers or sellers regarding the condition of a product and the agreement on handling defects, repairs, or replacements.

Reverse Auctions

A type of auction in which the roles of buyer and seller are reversed, and sellers compete to secure the business of the buyer by offering the lowest price.

Traditional Auctions

A method of selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder in a live setting.

Independent E-Marketplaces

Online platforms that connect buyers and sellers in specific industries, operating independently of the businesses that use them.