Suppose that consumption spending is $3,200 billion, spending on durable goods is $800 billion, and spending on services is $1,800 billion. What does spending on nondurable goods equal?

A. $5,800 billion
B. $600 billion
C. $2,400 billion
D. $3,200 billion
E. There is not enough information to answer this question.


Answer: B. $600 billion.

IN BILLIONS OF DOLLARS.

Consumption spending = spending on durable goods + spending on nondurable goods + spending on services.

3200 = 800 + spending on nondurable goods + 1800.

spending on nondurable goods = 3200 - 1800 - 800

spending on nondurable goods = 3200 - 2600

spending on nondurable goods = 600

Economics

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