As a result of slow economic growth following the recession of 2007-2009,many companies including Cisco Systems,Lockheed Martin,and Cracker Barrel Old Country Store cut production and employment as a result of the sluggish growth in the total amount of spending in the economy.The total amount of spending in the economy is known as
A) deficit spending.
B) planned investment spending.
C) aggregate expenditure.
D) equilibrium spending.
Correct Answer:
Verified
Q2: All of the following are components of
Q5: The aggregate expenditure model focuses on the
Q6: If inventories decline by more than analysts
Q8: The aggregate expenditure model focuses on the
Q9: When aggregate expenditure = GDP
A)macroeconomic equilibrium occurs.
B)the
Q11: The key idea of the aggregate expenditure
Q12: Consumption is $5 million,planned investment spending is
Q15: At macroeconomic equilibrium
A)total investment equals total inventories.
B)total
Q18: An unplanned increase in inventories results from
A)an
Q19: Consumption spending is $22 million,planned investment spending
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