C + Ip + G + NX equals:
A) planned aggregate expenditure.
B) potential GDP.
C) the output gap.
D) the income-expenditure multiplier.
Correct Answer:
Verified
Q21: As disposable income decreases, consumption:
A)increases.
B)decreases.
C)may either increase
Q32: The marginal propensity to consume (mpc)is the:
A)amount
Q34: The consumption function is relationship between consumption
Q35: As disposable income increases, consumption:
A)increases.
B)decreases.
C)may either increase
Q37: Changes in autonomous consumption could be the
Q39: If consumption increases by $9 when disposable
Q41: The portion of planned aggregate expenditure that
Q41: Data on output and planned aggregate expenditure
Q42: In Macroland, autonomous consumption equals 100, the
Q52: In Macroland, autonomous consumption equals 100, the
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