Induced expenditures are defined as that part of
A) aggregate expenditure that responds to changes in real GDP.
B) real GDP that does not respond to changes in aggregate expenditure.
C) aggregate expenditure that does not respond to changes in real GDP.
D) autonomous expenditure that responds to changes in real GDP.
E) autonomous expenditure that does not respond to changes in real GDP.
Correct Answer:
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Q1: The components of aggregate expenditure that make
Q2: Which of the following increases as a
Q4: Autonomous expenditure is expenditure that is
A) influenced
Q5: Autonomous expenditure includes
A) investment, government expenditure for
Q6: Induced expenditure is any expenditure that
A) is
Q7: Aggregate expenditure is equal to
A) C +
Q8: Actual aggregate expenditure
A) always equals GDP but
Q9: What is the key difference between the
Q10: Which of the following is not a
Q11: During 2010, a country has consumption expenditures
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