The components of aggregate expenditure that change when real GDP changes are known as
A) unplanned expenditure.
B) induced expenditure.
C) planned expenditure.
D) autonomous expenditure.
E) changeable expenditure.
Correct Answer:
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Q92: Q93: The consumption function is the relationship between Q94: Equilibrium expenditure is the level of aggregate Q95: The AE curve illustrates the relationship between Q96: Moving along the aggregate expenditure (AE) curve, Q98: For each one dollar increase in real Q99: As real GDP _, aggregate planned expenditure Q100: The components of aggregate expenditure are consumption Q101: In the aggregate expenditure (AE) model, the Q102: If real GDP _ aggregate planned expenditure,
A)
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