If the local cookie factory purchases a new energy efficient industrial oven, this expenditure is:
A) consumption.
B) planned investment.
C) government expenditure.
D) exports.
Correct Answer:
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Q1: You spend $45 on a haircut, $30
Q2: You spend $400 on new books for
Q3: Consumption is the:
A)goods and services that are
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
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