Answer:
b. Personal Consumption Expenditure
Explanation:
<u>The Personal Consumption Expenditure is a way to measure how much money an American person spends in goods and services at a national level.</u>
It divides in two categories, Goods and Services.
Goods: it divides in two sub-categories, these are durable goods which are long-lasting items, such as cars and washing machines and non-durable goods which are items that households use quickly, like groceries and clothing.
Services: These are the functions that businesses provide, so the households don't have to do it, for example, dry cleaners, yard maintenance, and financial services.
