Which of the Following Is Included in the Consumption Component

question 32

Multiple Choice

Which of the following is included in the consumption component of U.S.GDP?

• A)purchases of staplers,paper clips,and pens by U.S.business firms
• B)purchases of natural gas by U.S.households
• C)purchases of newly constructed homes by U.S.households
• D)All of the above are correct.

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Definitions:

Division

Division is one of the four basic arithmetic operations, representing the action of dividing a number into equal parts.

Expression

An expression is a combination of symbols, numbers, and operators (such as +, -, *, /) that represents a quantity.

Division

A mathematical operation where one number (the dividend) is divided by another (the divisor), showing how many times the divisor fits into the dividend.

Division

A mathematical operation that represents dividing one number by another.