Which of the following is included in the consumption component of GDP?
A) household purchases of appliances.
B) household purchases of medical care.
C) household purchases of food.
D) All of the above are included in the consumption component of GDP.
Correct Answer:
Verified
Q6: Which of the following examples of household
Q7: The consumption component of GDP includes spending
Q8: Which of the following is an example
Q9: GDP is equal to
A)the market value of
Q10: When economists refer to intangible items,they are
Q12: What word do economists use to refer
Q13: Consumption consists of spending by households on
Q14: Household spending on education is counted in
Q15: Which of the following correctly lists what
Q16: All of the following are examples of
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