Which of the following items is the one type of household expenditure that is categorized as investment rather than consumption?

A) Spending on education
B) The purchase of stocks and bonds
C) The purchase of a new house
D) The purchase of durable goods such as stoves and washing machines

Household Expenditure

The total spending by households in an economy, including consumption, rent, utilities, and other expenses.

Durable Goods

Goods not immediately consumed that can be used multiple times over a period, such as appliances, cars, and furniture.

Investment

The allocation of resources, usually money, into something expected to generate income or profit in the future.