Which of the Following Is Not Considered a Consumption Expenditure

question 30

Multiple Choice

Which of the following is not considered a consumption expenditure?

• A) Purchases of services
• B) Purchases of houses
• C) Purchases of nondurable goods
• D) Purchases of durable goods

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Definitions:

Chinese

Relating to China, its people, languages, or culture, including aspects of its history, traditions, and socioeconomic development.

Demand Deposits

Bank accounts from which deposited funds can be withdrawn at any time without any notice to the institution.

Federal Reserve District Bank

One of the 12 regional banks in the Federal Reserve System of the United States, each responsible for implementing the country's monetary policy within its specific district.

Reserve

A portion of funds or resources set aside for specific future use, often related to monetary or commodity resources within financial institutions or government reserves.