The four components of total spending are
A) consumption spending, savings, government purchases, net exports.
B) consumption spending, investment spending, government purchases, gross exports.
C) consumption spending, investment spending, tax revenue, net exports.
D) consumption spending, investment spending, government purchases, net exports.
Correct Answer:
Verified
Q33: In the Classical Model, if the real
Q34: Using the Cobb-Douglas production function, the real
Q35: In a full employment economy, the real
Q36: In a full employment economy, the real
Q37: If markets work well
A) the actual output
Q39: National income can also be found by
A)
Q40: Household disposable income
A) is equal to the
Q41: National income can be divided into
A) investment
Q42: Consumption spending equals
A) income minus investment spending
Q43: In the United States today, consumption spending
A)
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