To find aggregate planned expenditures, which of the following must be added to consumption expenditure?
i. net exports
ii. investment
iii. government expenditure on goods and services
A) i only
B) ii only
C) iii only
D) i and ii
E) i, ii, and iii
Correct Answer:
Verified
Q76: When U.S.real GDP increases, U.S.imports
A) decrease by
Q77: If the real interest rate increases, there
Q78: Q79: What is the value of the MPC Q80: If disposable income increases from $5 trillion Q82: If the marginal propensity to import is Q83: Based on data from the U.S.economy, the Q84: Aggregate planned expenditure decreases if Q85: Equilibrium expenditure is Q86: When disposable income increases from $9 trillion
A) government expenditure
A) the amount of aggregate
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