
Aggregate spending in an economy is the sum of consumption spending, investment spending, government purchases and spending on imports.
Correct Answer:
Verified
Q22: A stock market crash which causes share
Q23: An increase in the real interest rate
Q24: When aggregate expenditure is more than real
Q25: Household wealth is defined as the value
Q26: An example of assets that are included
Q28: Which is the smallest component of 'aggregate
Q29: If aggregate expenditure is less than GDP,
Q30: If economists forecast an increase in aggregate
Q31: Using the following table, compute aggregate expenditure
Q32: Are savings and spending on imports included
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