Started on Friday, 18 August 2023, 9:39 PM
State Finished
Completed on Friday, 18 August 2023, 9:56 PM
Time taken 16 mins 9 secs
Marks 36.00/40.00
Grade 90.00 out of 100.00
Feedback Well done! It is clear that you understand the content of
Learning Units 1 and 2.
Question 1
Correct
Mark 2.00 out of 2.00
Households are responsible for the spending on consumer goods.
Select one:
True
False
Your answer is correct. Well done!
Households are the economic units that take decisions on what to consume in the economy,
while business enterprises supply the goods and services that are available for consumption.
It is, of course true, that government may also purchase goods and services. However, we call
this government spending and not consumption. You will learn about this in learning unit 8.
The correct answer is 'True'.
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