Household Spending on Education Is Counted in Which Component or Subcomponent

question 59

Multiple Choice

Household spending on education is counted in which component or subcomponent of GDP?

• A)consumption of durable goods
• B)consumption of nondurable goods
• C)consumption of services
• D)investment

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Definitions:

Carrier's Ability

A transportation or logistics company's capacity to provide effective delivery services, including speed, reliability, and coverage.

Distribution Center

A facility that handles the receiving, storage, and distribution of goods to various destinations or stores.

Multimodal Transportation

The use of two or more modes of transport to move goods or passengers from one place to another.

Sustainable Development

Development that meets the needs of the present without compromising the ability of future generations to meet their own needs, focusing on environmental, economic, and social sustainability.