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Readme [11.4K]
2 years ago
15

suppose that in the last year consumers spent $10 billion on durable goods, $40 billion on nondurable goods, and $35 billion on

services. consumption equals $billion. (only use number; $ has been provided for you.)
Business
1 answer:
Natalija [7]2 years ago
6 0

The Consumption equals to $75 billion.

<h3>What is the consumption?</h3>

In National Income, it means the amount spent for purchasing consumer goods and services including durable, non-durable goods.

Consumption = durable goods + nondurable goods + services

Consumption = $10 billion + $40 billion + $35 billion on services.

Consumption = $75 billion

Read more about consumption

brainly.com/question/14786578

#SPJ1

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