All of the following are one of the four main categories of spending identified by John Maynard Keynes except
A) consumption.
B) net exports.
C) government purchases.
D) taxes.
E) investment.
Correct Answer:
Verified
Q5: The aggregate expenditure model focuses on the
Q7: An unplanned increase in inventories results from
A)an
Q9: Consumption spending is $22 million, planned investment
Q10: Consumption spending is $16 billion, planned investment
Q11: As a result of the drop in
Q13: Actual investment spending does not include
A)spending on
Q13: The key idea of the aggregate expenditure
Q14: Consumption is $5 billion, planned investment spending
Q15: When aggregate expenditure = GDP
A)macroeconomic equilibrium occurs.
B)the
Q16: If inventories decline by more than analysts
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