ECONOMICS
Multiple Choice
Which of the following accounts for the largest percentage of spending by households in the United States?
a.durable goods
b.nondurable goods
c.services
d.insurance payments
e.underground activities (e.g., illegal activities)
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Friday, July 15, 2011
Which of the following is the category to which the largest portion of households' personal income is allocated?
ECONOMICS
Multiple Choice
Which of the following is the category to which the largest portion of households' personal income is allocated?
a.taxes collected by government
b.savings
c.purchases of services
d.purchases of durable goods
e.purchases of nondurable goods
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Multiple Choice
Which of the following is the category to which the largest portion of households' personal income is allocated?
a.taxes collected by government
b.savings
c.purchases of services
d.purchases of durable goods
e.purchases of nondurable goods
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Which component of U.S. household spending has grown the most over the past ten years?
ECONOMICS
Multiple Choice
Which component of U.S. household spending has grown the most over the past ten years?
a.taxes
b.savings
c.spending on services
d.spending on nondurable goods
e.spending on durable goods
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Multiple Choice
Which component of U.S. household spending has grown the most over the past ten years?
a.taxes
b.savings
c.spending on services
d.spending on nondurable goods
e.spending on durable goods
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1. Which of the following is an example of a durable good?
ECONOMICS
Multiple Choice
Which of the following is an example of a durable good?
a.a cowboy
b.a cherry pie
c.a newspaper
d.a hand-held calculator
e.a pencil
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Multiple Choice
Which of the following is an example of a durable good?
a.a cowboy
b.a cherry pie
c.a newspaper
d.a hand-held calculator
e.a pencil
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Which of the following is an example of a durable good?
ECONOMICS
Multiple Choice
Which of the following is an example of a durable good?
a.food prepared at home
b.food eaten at a restaurant
c.high-fashion clothing
d.binoculars
e.motor oil
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Multiple Choice
Which of the following is an example of a durable good?
a.food prepared at home
b.food eaten at a restaurant
c.high-fashion clothing
d.binoculars
e.motor oil
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Household income is spent on all of the following except one
ECONOMICS
Multiple Choice
Household income is spent on all of the following except one. Which is the exception?
a.services
b.tax payments
c.durable goods
d.nondurable goods
e.dividends
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Multiple Choice
Household income is spent on all of the following except one. Which is the exception?
a.services
b.tax payments
c.durable goods
d.nondurable goods
e.dividends
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The fastest-growing component of U.S. personal consumption is services
ECONOMICS
Multiple Choice
The fastest-growing component of U.S. personal consumption is services
a.True
b.False
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Multiple Choice
The fastest-growing component of U.S. personal consumption is services
a.True
b.False
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