Purchase of a ceiling fan by a household is treted in national income accounting as a part of?
A. Capital formation
B. Consumption over a long period of time
C. Consumption at the time of its purchase
D. Intermediate consumption
Answer:C
Purchase of a ceiling fan by a household is treted in national income accounting as a part of?
A. Capital formation B. Consumption over a long period of time C. Consumption at the time of its purchase D. Intermediate consumption