Consumption spending is $16 million,planned investment spending is $4 million,unplanned investment spending is $2 million,government purchases are $6 million,and net export spending is $1 million.What is aggregate expenditure?
A) $22 million
B) $26 million
C) $27 million
D) $29 million
Correct Answer:
Verified
Q5: The aggregate expenditure model focuses on the
Q6: If inventories decline by more than analysts
Q7: Household spending on goods and services is
Q8: The aggregate expenditure model focuses on the
Q9: When aggregate expenditure = GDP
A)macroeconomic equilibrium occurs.
B)the
Q11: The key idea of the aggregate expenditure
Q12: Consumption is $5 million,planned investment spending is
Q13: Actual investment spending does not include
A)spending on
Q14: Inventories refer to
A)goods which have been presold
Q15: At macroeconomic equilibrium
A)total investment equals total inventories.
B)total
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