The Sum of Personal Consumption Expenditure,investment Expenditure,government Expenditure,and Net Export
The sum of personal consumption expenditure,investment expenditure,government expenditure,and net export expenditure on the total amount of real output in the economy in a given period of time is called:
A) potential GDP.
B) aggregate expenditure.
C) real money balances.
D) none of the above.
Correct Answer:
Verified
Q1: Potential GDP focuses on the:
A)long-run supply side
Q3: A lower real interest rate,amount of consumer
Q4: An index based on a mail survey
Q5: Potential GDP is:
A)minimum amount of output that
Q6: Short-run macroeconomic policies concentrate on:
A)minimizing fluctuations around
Q7: Long-run macroeconomic policies concentrate on:
A)minimizing fluctuations around
Q8: The nominal interest rate is 7 percent
Q9: The marginal propensity to consume is defined
Q10: Measuring expenditures and income with the price
Q11: Comparing the situation of a nominal interest
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents