For firms or individual households,desired expenditure is
A)always greater than planned expenditure.
B)always greater than actual expenditure.
C)not relevant because human wants are unlimited.
D)what they plan on spending,given the resources at their command.
E)not a useful concept because it cannot be measured.

Question

Quizplus · Accepted Answer

Desired expenditure refers to the amount of money that firms or households plan on spending given the resources they have available. It is different from actual expenditure which is the amount of money that is actually spent. Desired expenditure can also be less than planned expenditure if unexpected events occur and plans need to be adjusted.

For Firms or Individual Households,desired Expenditure Is