You spend $400 on new books for your courses this semester. In which component of aggregate expenditure is this expenditure included?
A) government expenditure
B) exports
C) consumption
D) planned investment
Correct Answer:
Verified
Q1: You spend $45 on a haircut, $30
Q3: Consumption is the:
A)goods and services that are
Q4: If the local cookie factory purchases a
Q5: You are driving to see your grandparents
Q6: Planned investment is the:
A)expenditure on goods and
Q7: Which of the following is an example
Q8: The equation for aggregate expenditure in an
Q9: In a closed economy, the equation for
Q10: At macroeconomic equilibrium in an open economy:
A)Y
Q11: Consumption is $151 billion, government expenditure is
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