Question

What component of GDP would a consumer buying a new house affect?

O government spending
O net exports
investment
O consumer spending

Answer 1

consumer spending

This is because, consumer spending is the same as personal consumption expenditure

Answer 2

Step-by-step explanation:

A: the government is not buying the home. You are. Not A

B: The house is not being moved on any soil but American Soil. Not B

C: You could argue that a home is an investment, but not to the GDP. The answer is not C.

D: GDP would call this consumer spending.