第7讲体国民收入核算论.pptVIP

* Mostly, the term “consumption” refers to what students probably already think of as total consumer spending. The note about the treatment of owner-occupied housing is an exception, and some of the test bank questions are designed to see if students remember this exception. (For more on this issue, see the notes accompanying the following slide.) * More on the treatment of owner-occupied housing: In the national income and product accounts, a house is considered a piece of capital that is used to produce a flow of services – housing services. When a consumer (as a tenant) rents a hou