If planned aggregate expenditures are $300 billion, consumption is $180 billion, investment is $75 billion, government spending is $45 billion, there is a

Question

Quizplus · Accepted Answer

There is no information provided about net exports, so we cannot determine whether there is a trade surplus or deficit. The total planned aggregate expenditures of $300 billion is equal to the sum of consumption, investment, and government spending, so there is no excess demand or supply in the economy. Therefore, the answer is a trade balance.

If Planned Aggregate Expenditures Are $300 Billion, Consumption Is $180