The aggregate expenditure (AE) curve
A) includes expenditures by domestic residents only.
B) includes expenditures on foreign as well as domestic goods.
C) includes all expenditures on domestic goods.
D) adds expenditures on imports because they are consumed in the nation and subtracts expenditures on exports because they are consumed abroad.
E) does not include expenditures on either imports or exports.
Correct Answer:
Verified
Q25: Q26: The AE curve illustrates the relationship between Q27: Which of the following is NOT included Q33: For each one dollar increase in real Q47: If aggregate planned expenditure equals GDP, then Q60: The components of aggregate expenditure that are Q62: If aggregate planned expenditure equals GDP,then Q63: To find aggregate planned expenditures,which of the Q64: Induced expenditure includes Q69: The quantity of Australian exports is determined
A)
A)
A)firms' inventories
A)consumption expenditure and exports.
B)consumption expenditure
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