Disposable income is equal to
A) aggregate income minus taxes plus transfer payments.
B) aggregate income plus transfer payments.
C) aggregate income minus taxes plus government expenditures on goods and services.
D) consumption expenditure minus taxes plus transfer payments.
Correct Answer:
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Q36: Q37: Because of changes in the _, the Q38: Equilibrium expenditure occurs where the aggregate expenditure Q39: When autonomous expenditure changes, the horizontal distance Q40: When the economy is at full employment Q42: The marginal propensity to import reflects the Q43: The slope of the AE curve is Q44: An increase in _ shifts the AE Q45: Which of the following makes the multiplier Q46: ![]()
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