Answer:
C.
Explanation:
Different schools of economists define consumption differently.
-The process in which goods or services are used to satisfy economics leads.
-Consumption is known as direct or final consumption, when the goods satisfy human wants directly and immediately. The goods have reach their final destination.
-Consumption is also the value of all goods and services bought by households. Includes:
*durable goods. last a long time, e.g. cars, home appliances.
*nondurable goods. last a shot time, e.g. food, clothing.
*services. work done for consumers, e.g. dry cleaning, air travel, legal.
*also, rent is a payment for housing services.
But for GDP, when you bought a house, is considered investment.
