Which Component of Consumption Spending Is the Greatest in a Typical

question 204

Multiple Choice

Which component of consumption spending is the greatest in a typical economy?

• A)services
• B)durable goods
• C)nondurable goods
• D)new housing

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Definitions:

Retrofitting

The process of adding new technology or features to an existing system, machine, or building to improve its functionality or performance.

R-12

Theoretically illegal but still available refrigerant. GWP rating is 10,900.

Vacuum Pump

A device that removes gas molecules from a sealed volume in order to create a partial vacuum.

Refrigerant Container

A special container designed to hold refrigerant, a substance used in air conditioning systems to absorb and release heat, under pressure.