Which of the following best describes aggregate expenditure?
A)C + I + G + (X − M)
B)C + S + G + (X − M)
C)C + I + G + (X + M)
D)C + I + T + (X − M)
E)C + I + T + (X + M)

Question

Quizplus · Accepted Answer

Aggregate expenditure is calculated by adding up the expenditure on consumption (C), investment (I), government spending (G), and net exports (X − M). Option A represents this calculation accurately.

Which of the Following Best Describes Aggregate Expenditure