Introduction to Economics 2 Deneme Sınavı Sorusu #349488

Which of the following expenditures is defined as the total of spending which is directly made by people for goods and services to satisfy their daily needs?


Net export

 

Consumption

 

Government

 

Domestic

Investment


Yanıt Açıklaması:

Total expenditure amount for final goods and services are usually divided into four groups. First of them is consumption expenditures and consist of expenditures paid for goods and services which may directly meet the daily needs. Second type of expenditures is investment expenditures and consists of expenditures of businesses and government for new equipment, tools and buildings, increase in stocks and expenditures of individuals for building new houses. Government expenditures are the total spending of government to buy goods and services. Net export is the difference between export income and import expenditure.

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