why consumer is economic activity
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Understanding Consumer Spending
Consumption of final goods (i.e., not capital goods or investment assets) is the result of and ultimate motivation for economic activity. This is because all goods that are consumed must first be produced.
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Answer:
Understanding Consumer Spending
Understanding Consumer SpendingConsumption of final goods (i.e., not capital goods or investment assets) is the result of and ultimate motivation for economic activity. This is because all goods that are consumed must first be produced.
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