Consumption is $151 billion, government expenditure is $70.2 billion, investment is $65.8 billion, and net exports amount to -$21 billion. What is aggregate expenditure in this economy?
A) $308 billion
B) $287 billion
C) $266 billion
D) $151 billion
Correct Answer:
Verified
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
Q12: Consumption is $1.2 trillion, government expenditure is
Q13: Refer to the table shown here.
Q14: Refer to the table shown here.
Q15: Refer to the table shown here.
Q16: If Y > AE:
A)there will be a
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