Consumer spending in GDP measurement does NOT include spending by businesses on labor resources households on necessary expenses such as gasoline individual households on durable items such automobiles and computers. families on services such as healthcare students on tuition.
Consumer spending in GDP measurement does NOT include spending by businesses on labor resources households on necessary expenses such as gasoline individual households on durable items such automobiles and computers. families on services such as healthcare students on tuition.
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 3P
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Question 3
Consumer spending in GDP measurement does NOT include spending by
businesses on labor resources
households on necessary expenses such as gasoline
individual households on durable items such automobiles and computers.
families on services such as healthcare students on tuition.
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