Which of the following variables is NOT assumed to be completely autonomous in the aggregate expenditure model?
A) imports
B) investment
C) government expenditures on goods and services
D) exports
Correct Answer:
Verified
Q187: An increase in investment by U.S. firms
Q188: If firms' inventories are increasing above their
Q189: Actual expenditure might differ from planned expenditure
Q190: When aggregate planned expenditure is less than
Q191: Suppose that in 2010, firms discover that
Q193: If prices are fixed, when aggregate planned
Q194: The difference between planned and unplanned spending
Q195: If aggregate planned expenditure exceeds GDP,
A) actual
Q196: If real GDP is $2 billion and
Q197: When inventories fall below their target levels,
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