Multiple Choice
Which of the following correctly lists what is included in the consumption component of GDP?
A) household purchases of services and household purchases of nondurable goods but not any household purchases of durable goods
B) household purchases of nondurable goods and durable goods other than residential construction but not household purchases of services
C) household purchases of services,nondurable goods,and all durable goods
D) household purchases of services,nondurable goods,and durable goods other than residential construction
Correct Answer:

Verified
Correct Answer:
Verified
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