Consumption is $1.2 trillion, government expenditure is $0.75 trillion, investment is $0.8 trillion, and net exports amount to $0.4 trillion. What is aggregate expenditure in this economy?
A)$2.35 trillion
B)$1.55 trillion
C)$2.75 trillion
D)$3.15 trillion

Question

Quizplus · Accepted Answer

Aggregate expenditure is calculated by summing consumption, government expenditure, investment, and net exports: $1.2 trillion + $0.75 trillion + $0.8 trillion + $0.4 trillion = $3.15 trillion.

Consumption Is $1