The two parts of planned aggregate expenditure are ________ expenditures and ________ expenditures.
A)real; nominal
B)inflated; deflated
C)autonomous; induced
D)positive; normative

Question

Quizplus · Accepted Answer

Planned aggregate expenditure comes in two parts: autonomous expenditure and induced expenditure. Autonomous expenditure is independent of output whereas induced expenditure depends on output.

The Two Parts of Planned Aggregate Expenditure Are ________ Expenditures