Consumption expenditure is the payment by households for consumption of
A) goods but not services.
B) services but not goods.
C) goods and services.
D) services and for saving.
C
Economics
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Which of the following statements is true of money?
A) Paper money was invented around 1,000 A.D. in China. B) Paper money was the first form of money to be invented. C) One of the limitations of paper money is that it does not function as a store of value. D) Fiat money was used in the barter system of exchange.
Economics
Stock prices rise when abnormal profit expectations rise
Indicate whether the statement is true or false
Economics