Induced expenditure is the portion of planned aggregate expenditure that:
A)equals aggregate output.
B)equals planned spending.
C)equals autonomous expenditure.
D)depends on output.

Name: Induced expenditure is the portion of planned aggregate expenditure that: A)equals aggregate output. B)equals planned spending. C)equals autonomous expenditure. D)depends on output.
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Question

Quizplus · Accepted Answer

The portion of planned aggregate expenditure that depends on output (Y )is called induced expenditure.

Induced Expenditure Is the Portion of Planned Aggregate Expenditure That