Which of the Following Ranks the Top Three Components of U.S.consumption

question 80

Multiple Choice

Which of the following ranks the top three components of U.S.consumption correctly from largest to smallest?

• A) Housing,medical care,entertainment.
• B) Housing,transportation,food.
• C) Transportation,housing,clothing.
• D) Transportation,health care,insurance and pensions.

---

Definitions:

Chapter 11 Bankruptcy

A legal process that allows businesses to reorganize under bankruptcy laws of the United States, enabling them to keep operating while restructuring their debts.

Chapter 7 Bankruptcy

A legal process providing for the liquidation of a debtor's assets to pay off creditors under the U.S. bankruptcy code.

Liquidation

The process of winding up a company's operations and distributing its assets to claimants, typically when it is insolvent.

Premerger Market Price

The share price of a company before the announcement or completion of a merger or acquisition, used as a reference point for evaluating the merger's impact.