Consumption Consists of Spending by Households on Goods and Services,with

question 62

Multiple Choice

Consumption consists of spending by households on goods and services,with the exception of

• A)purchases of intangible services.
• B)purchases of durable goods.
• C)purchases of new houses.
• D)spending on education.

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Definitions:

Claims

Statements or assertions that something is the case, typically without providing evidence or proof.

Explanations

Statements or accounts that make something clear by describing it in detail.

Purposes

The reasons for which something is done or created or for which something exists.

Sufficient Evidence

Adequate information or proof required to support a claim or conclusion.