All of the Following Are Examples of Spending on Goods

question 231

Multiple Choice

All of the following are examples of spending on goods and services in the circular flow model except

• A)Amanda purchases a new electric guitar to pursue her hobby seriously.
• B)Chaitanya buys a new spa pedicure chair for her expanding nail salon business.
• C)Hernan buys a pizza at Papa C's.
• D)Lenny buys a new digital camera to take pictures at his son's graduation.

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Definitions:

Universal

Pertaining to or affecting the whole or applicable in all cases; general.

Existential Import

A property of categorical propositions; a proposition has existential import if its truth depends on the existence of things of the kinds specified by terms in the proposition.

Contrary

Opposing or differing in nature, direction, or meaning; in logic, it refers to propositions that cannot both be true but can both be false.

Proposition

An articulation or statement that communicates a judgement or perspective.