Which of these are excluded from the aggregate expenditures of the government sector?
A) expenditures for roads and bridges
B) spending on unemployment benefits
C) national defense spending
D) spending on K-12 education
Correct Answer:
Verified
Q15: An increase in personal income tax rates
A)decreases
Q16: The major catalyst behind aggregate demand fluctuations
Q17: Consumption demand does not include purchases of
Q18: Consumer spending is directly (positively) related to
Q19: Gross investment demand by households and firms
Q21: Transfers are excluded from aggregate demand because
Q22: Net exports are _ related to the
Q23: The substitution effect means consumers substitute good
Q24: Ceteris paribus, increases in personal income tax
Q25: Ceteris paribus, increases in corporate tax rates
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