Consumer spending ________ and investment spending ________.
A) is very volatile and subject to fluctuations; follows a smooth trend
B) follows a smooth trend; is more volatile and subject to fluctuations
C) follows a smooth trend; is the most stable component of aggregate expenditure
D) is very erratic; is also erratic,but less erratic than consumer spending
Correct Answer:
Verified
Q83: If firms are more optimistic that future
Q84: Table 12-3 Q85: MPC + MPS = Q86: National income =
A)0.
B)0.5.
C)1.
D)100.
A)Consumption + Saving - Taxes
B)Consumption
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