All of the following would be included in planned aggregate expenditure EXCEPT:
A) purchases of services provided by government employees.
B) planned changes in inventories.
C) sales to foreigners of domestically-produced goods.
D) social security payments.
Correct Answer:
Verified
Q12: When actual investment is greater than planned
Q13: Unplanned inventory investment equals zero when:
A)planned investment
Q14: In the basic Keynesian model all of
Q15: Suppose that the owner of a local
Q16: Dave's Mirror Company expects to sell $1,000,000
Q18: The four components of planned aggregate expenditure
Q19: The decision about whether to change prices
Q20: If firms sell more output than expected,
Q21: As disposable income decreases, consumption:
A)increases.
B)decreases.
C)may either increase
Q22: When housing prices increase, household wealth _,
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