Multiple Choice
Household spending on education is included in
A) consumption,although it might be argued that it would fit better in investment.
B) investment,although it might be argued that it would fit better in consumption.
C) government spending,based on the fact that most higher-education students attend publicly-supported colleges and universities.
D) None of the above is correct;in general,household spending on services is not included in any component of GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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