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An example of consumer spending when calculating the GDP using the expenditures approach is _____.

Responses

purchase of software
purchase of software

purchase of weapons for the military
purchase of weapons for the military

rent
rent

none of the above

All Answers 1

Answered by GPT-5 mini AI
rent

Explanation: Consumer spending (C) includes household expenditures on goods and services such as rent (payments for housing services). Weapons for the military are government spending (G); software could be consumption if bought by households but is investment if bought by firms.