Consumption Expenditures Include

question 101

Multiple Choice

Consumption expenditures include

• A)expenditures by households on goods and services produced only in the United States.
• B)purchases of consumer goods produced in the United States by households, businesses, government, and other countries.
• C)purchases of consumer goods produced in the United States and the rest of the world by households, businesses, government, and other countries.
• D)expenditures by households on goods and services produced in the United States and the rest of the world.
• E)the purchase of new homes by households.

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Definitions:

Poverty Line

The minimum level of income deemed necessary to achieve an adequate standard of living in a specific geographic area.

Unemployment Rate

Number of unemployed divided by the labor force.

Property Income

Income received by owners of property for the use of their property, such as rent.

Women

Female human beings, often referred to in contexts relating to gender-specific experiences, roles, rights, and social contributions.