A good proxy for the flow of consumption services would be
A) aggregate consumption.
B) consumption of services and consumption of durables.
C) consumption of durables and consumption of nondurables.
D) consumption of nondurables and consumption of services.
E) consumption of durables and services.

Question

Quizplus · Accepted Answer

Consumption of nondurables and consumption of services are the two categories that primarily make up the flow of consumption services. Durables, while important, are not consumed as frequently and are therefore not as reliable of a proxy for the flow of consumption services. Aggregate consumption includes all categories of goods and services, making it less specific to the flow of consumption services.

A Good Proxy for the Flow of Consumption Services Would