Macroeconomics: Principles, Problems, & Policies 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0-07766-077-3
ISBN 13: 978-0-07766-077-2

Chapter 7 - Measuring Domestic Output and National Income - Discussion Questions - Page 169: 6

Answer

Consumer durable goods: automobiles, refrigerators, television. Consumer nondurable goods: food, clothing, gasoline. Service: haircuts, work done by lawyers, beauty consulting

Work Step by Step

Consumer durable goods are products that have expected lives of 3 years or more. Consumer nondurable goods are products with less than 3 years of expected lives. Work done by others are considered services, such as the examples above.
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