Personal consumption expenditures
a. represent approximately two-thirds of GDP
b. are equal to personal income minus individual taxes
c. include durable good purchases but not nondurable good purchases
d. do not include any intangible consumption items
e. include all goods and services bought by the government
A
Economics
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List the various categories into which a bank's liabilities are divided?
What will be an ideal response?
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The coordination task of any economy that answers the question of how output shall be divided among consumers may best be described as
a. output selection. b. production planning. c. distribution. d. None of the above is correct.
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