Which of the following components of GDP was the largest for Australia in 2011?
A) Consumption.
B) Imports.
C) Exports.
D) Government spending.
E) Investment.
Correct Answer:
Verified
Q8: A decrease in the marginal propensity to
Q9: For a closed economy, which of the
Q10: A decrease in the propensity to consume
Q11: A tax hike will cause:
A) a decrease
Q12: Suppose the propensity to consume equals 0.83.
Q14: The equilibrium condition in the goods market
Q15: The goods market is in equilibrium when
Q16: Which of the following equals demand in
Q17: In the goods market model presented in
Q18: Suppose the consumption equation is represented by
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