Exhibit 11-1 Expenditure approach

-As shown in Exhibit 11-1,total expenditures by businesses for fixed investment and inventories are:
A) $15 billion.
B) $50 billion.
C) $65 billion.
D) $200 billion.
E) $500 billion.
Correct Answer:
Verified
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A) wages,
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Q40: The circular flow model shows the flow
Q42: Exhibit 11-2 GDP data (billions of dollars)
Q43: Assume that household consumption is $500 billion,gross
Q44: In economics,the term 'investment' refers to:
A)purchasing shares
Q45: Exhibit 11-3 GDP data (billions of dollars)
Q46: Exhibit 11-1 Expenditure approach Q73: The expenditure approach for the calculation of
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