Multiple Choice
Which of the following would increase the consumption component of U.S.GDP?
A) You purchase a bottle of California wine.
B) A person in Paris purchases a bottle of California wine.
C) A restaurant in Denver purchases a bottle of California wine to include on its wine list.
D) The U.S.government buys a bottle of California wine to serve at a state dinner in the White House.For national income accounting purposes, consumption is only done by households.
Correct Answer:
Verified
Correct Answer:
Verified
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