Economy, asked by arpitaabrol3, 5 months ago

consumption expenditures

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Answered by nahakswapnil311
48

Answer:

The personal consumption expenditure measure is the component statistic for consumption in gross domestic product collected by the United States Bureau of Economic Analysis. It consists of the actual and imputed expenditures of households and includes data pertaining to durable and non-durable goods and services.

Explanation:

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Answered by riyakaramchandani05
7

Consumer spending, consumption, or consumption expenditure is the acquisition of goods and services by individuals or families. It is the largest part of aggregate demand at the macroeconomic level.Common examples are cars, furniture, and appliances. Durable goods constitute about 10-15 percent of consumption expenditures. Nondurable Goods: These are tangible goods that tend to last for less than a year. Common examples are clothing, food, and gasoline.

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