Using the Expenditure Approach, Consumption Expenditures Include Household Purchases Of

question 9

Multiple Choice

Using the expenditure approach, consumption expenditures include household purchases of:

• A) durable and nondurable goods and services.
• B) durable and nondurable goods.
• C) durable and nondurable goods and taxes.
• D) durable and nondurable goods and residences.
• E) nondurable goods.

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Definitions:

Conductor

A material that permits the flow of electric charges in one or more directions, such as metals.

Valence Electrons

Electrons in the outer shell of an atom that are available for bonding with other atoms.

Nucleus

The center or middle.

Atom Contains

Atoms consist of a nucleus made of protons and neutrons, surrounded by electrons in orbital shells.