Which Is Consumption (C) Spending

question 182

Multiple Choice

Which is consumption (C) spending?

• A) The Singh household buys a new car.
• B) The Rigid Steel Company buys a new car.
• C) The Rigid Steel Company buys a new computer.
• D) Welfare payments to single mothers.
• E) The CBC spends money on children's programs.

Distinguish between the assessment tools based on the components they measure (interests, abilities, values).

Analyze the significance and use of aptitude and mechanical tests in career counseling.

Appreciate the role of online databases and career exploration tools in career planning.

Understand the importance of assessing job satisfaction predictors through interest inventories.

---

Definitions:

Q

In economics, often denotes quantity, such as the amount of goods and services produced or consumed.

Behaviorist Economists

Economists who study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions.

Economic Behavior

The actions taken by individuals, businesses, and governments in producing, distributing, and consuming goods and services, often studied to predict patterns.

Government Intervention

Actions taken by a government to affect the economy, which can include regulations, subsidies, tariffs, and direct state involvement in certain industries.