24.2k views
2 votes
The second largest share of an individual’s consumption expenditure is for nondurable goods (such as food and clothing) at approximately _____ percent.

a. 9
b. 29
c. 59
d. 89

User EdgeCase
by
7.0k points

1 Answer

4 votes

Answer:

b. 29

Step-by-step explanation:

consumption expenditure is the expenditure directly incurred by the households for the purchase of goods and services.

approximately 29% which is the second largest share of an individual’s consumption expenditure is for nondurable goods.

User Iclman
by
7.2k points