Personal consumption expenditures (PCE) does not include:
A) individual expenditures for durable goods
B) individual expenditures for nondurable goods
C) individual expenditures for services
D) individual savings

Question

Quizplus · Accepted Answer

Personal consumption expenditures (PCE) measure the amount of goods and services purchased by households. It includes individual expenditures for durable goods, nondurable goods, and services, but it does not include individual savings.

Personal Consumption Expenditures (PCE) Does Not Include