Household spending on education is included in a. consumption, although it might be argued that it would fit better in investment. b. investment, although it might be argued that it would fit better in consumption. c. government spending, based on the fact that most higher-education students attend publicly-supported colleges and universities. d. none of the above is correct; in general, household spending on services is not included in any component of gd

The correct answer is A: Consumption, although it might be argued that it would fit better in investment.

Explanation:

It might be argued that it would fit better in investment because through education, people acquire knowledge, abilities and skills which are essential to have a better income earning. That's how someone would get benefits from the investment made.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.

it all depends on how long the hours are. i think they wouldn't approve of it. in my opinion.