Which of the following increases as a result of an increase in real GDP?
i. autonomous expenditure
ii. induced expenditure
iii. potential GDP
A) i only
B) ii only
C) iii only
D) ii and iii
E) i, ii, and iii
Correct Answer:
Verified
Q1: The components of aggregate expenditure that make
Q3: Induced expenditures are defined as that part
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
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