What is the largest component of aggregate demand?
A) government purchases
B) net exports
C) consumption
D) investment
Correct Answer:
Verified
Q4: Which of the following expenditures would be
Q5: If the country is experiencing rapid economic
Q6: If consumption is a direct function of
Q7: If Rhonda's taxes rose by $20 000,other
Q8: Which of the following describes marginal propensity
Q10: What effect will a reduction in personal
Q11: If Alice's taxes fell by $10 000,other
Q12: What is aggregate demand the sum of?
A)C
Q13: Other things being equal,what effect would an
Q14: How do economists define the average propensity
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