Consumption is $1.2 trillion, investment is $0.9 trillion, government expenditure is $0.75 trillion, exports are $0.45 trillion, and imports are $0.42 trillion. Aggregate expenditure is:
A)$2.82 trillion.
B)$3.30 trillion.
C)$2.88 trillion.
D)$2.85 trillion.

Question

Quizplus · Accepted Answer

Aggregate expenditure is calculated as the sum of consumption, investment, government expenditure, exports, and then subtracting imports. So, it's $1.2 trillion + $0.9 trillion + $0.75 trillion + $0.45 trillion - $0.42 trillion = $2.88 trillion.

Consumption Is $1