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    Group logo of which of the following are most likely classified by economists as consumer durable goods? pdf - whi

    which of the following are most likely classified by economists as consumer durable goods? pdf – whi

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    Download link: ==> which of the following are most likely classified by economists as consumer durable goods? pdf
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    Consumer durable goods are products that are expected to last for an extended period of time, typically more than three years, and are used by consumers for their personal use. Examples of consumer durable goods that are most likely classified by economists include automobiles, furniture, major household appliances (such as refrigerators and washing machines), electronics (such as televisions and computers), and jewelry. These items are typically more expensive and are considered long-term investments by consumers. Economists classify these goods as durable because they have a longer lifespan and are not consumed immediately after purchase, unlike perishable goods such as food or clothing. Consumer durable goods play a significant role in measuring consumer spending and overall economic growth, as they reflect consumer confidence and willingness to make long-term purchases.

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