The expression AE = C + I + X - Z refers to:
A) aggregate expenditure in a closed economy.
B) aggregate expenditure in an economy trading internationally.
C) aggregate expenditure in an economy with a government sector.
D) aggregate expenditure in an economy with international trade and without government sector.
Correct Answer:
Verified
Q25: Investment expenditure is considered to be part
Q26: If the MPC is 0.8 and if
Q27: If the autonomous consumption is 250 and
Q28: If the marginal propensity to import (MPZ)
Q29: If the marginal propensity to import is
Q31: Net exports will increase if imports _and
Q32: _ export expenditure decreases equilibrium output and
Q33: In an open economy, economy's net exports:
A)
Q34: Other things equal, serious recessions in Canada's
Q35: The autonomous expenditure multiplier in an open
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