If there is no government and no foreign sector in the economy:
A) personal income and disposable personal income are unequal.
B) international trade is an important part of total spending.
C) GDP = C + I.
D) budget and trade deficits are important parts of the model of the economy.
Correct Answer:
Verified
Q2: Which of the following equations is correct?
A)
Q5: A depression economy has considerable slack,so:
A) unemployment
Q9: (Figure: Consumption Spending) Q11: Consumption spending is: Q13: (Table)In the table,the marginal propensity to consume Q40: In the simple Keynesian model of the Q72: If disposable income is $3,000 and saving Q211: In the Keynesian model, the principal determinant Q235: If disposable income is $3,000 and saving Q236: If disposable income is $250 and saving
A) spending by households,businesses,and government
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