In the very short run, the components of aggregate planned expenditure that depend on the level of real GDP are
A) planned government expenditure on goods and services and planned imports.
B) planned investment and planned imports.
C) planned consumption expenditure and planned imports.
D) planned investment and planned exports.

Question

Quizplus · Accepted Answer

In the very short run, planned consumption expenditure and planned imports are the components of aggregate planned expenditure that depend on the level of real GDP, as they tend to increase with higher income levels.

In the Very Short Run, the Components of Aggregate Planned