Economy, asked by mahakchhablani3, 8 hours ago

explain concept and components of consumption expenditure

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Answered by kookyth96972013

Answer:

Consumption Expenditure is the spending by households on goods and services, excluding new housing. In developed countries it has become the largest component of Gross Domestic Product (GDP) (Arnold, 2008).

Explanation:

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explain concept and components of consumption expenditure​

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explain concept and components of consumption expenditure