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Which of the following is a service included in Private Final Consumption Expenditure?

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Question

Which of the following is a service included in Private Final Consumption Expenditure?

Options

  • Education

  • Plant

  • Machinery

  • Closing stock

MCQ
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Solution

Services included in private final consumption expenditure include transport, education, and medical services. Plant, machinery, and inventories are components of investment expenditure.

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