Questions
MUF0062 Economics Unit 2 - Semester 2, 2025
Single choice
Which of the following is an example of Consumption spending?
Options
A.a. Spending on imports by the government.
B.b. Spending by individuals on goods such as a new chair.
C.c. Social welfare provided for the elderly.
D.d. Spending by a business on a new car.
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Step-by-Step Analysis
Question restatement: The prompt asks which option is an example of Consumption spending.
Option a: 'Spending on imports by the government.' This is not consumption spending; it is government expenditure, specifically on imports, which is a component of ......Login to view full explanationLog in for full answers
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