Which Category of Consumption Spending Tends to Be the Most

question 39

Multiple Choice

Which category of consumption spending tends to be the most stable over the business cycle?

• A)​Nondurable consumer goods.
• B)​Durable consumer goods.
• C)​Services.
• D)​all of these categories of consumer spending are highly unstable over the business cycle.

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Definitions:

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A sluggish action of the bowel; usually refers to an excessively firm, hard stool that is difficult to expel or lack of a bowel movement over a time.

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A phase of sleep characterized by slower eye movements compared to rapid eye movement (REM) sleep, often associated with deep sleep stages.

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The duration during which an individual is asleep, contributing to their overall rest and recovery.

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The visible vapor and gases given off by a burning substance, often containing particulate matter.