Question

In order to track our economy, the U.S. government reports each month on how much business spending and how much consumer spending takes place. Which of the following is something that they would include in consumer spending? cars purchased to be used as taxis tools to be used in construction Harry Potter books sold in bookstores textbooks used for training

Answer 1

In tracking the US economy and determining consumer spending levels an item that might be included would be Harry Potter books sold in bookstores. The other examples are costs incurred by businesses in producing goods or services, whereas the books are solely a consumer purchase.