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- Option 1: Household expenditure on food
- It falls under final consumption expenditure since it's directly associated with consumer needs.
- Option 2: Government final consumption expenditure
- This refers to government spending on goods and services meant for public consumption and welfare.
- Option 3: Household expenditure on education
- This is included in final consumption as it benefits the household directly and is not used to produce other goods.
- Option 4: Expenditure on raw material
- This is not considered final consumption expenditure. Raw materials are used to produce other goods, thus falling under intermediate consumption.
- Correct Answer: Option 4 - Expenditure on raw material
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