Multiple Choice
Absorption refers to
A) the quantity of aggregate output that is absorbed into the domestic economy.
B) the quantity of imports that is absorbed into the domestic economy.
C) the amount of transfer payments from the federal government that is absorbed into the domestic economy.
D) the amount of current period income that is used to purchase domestic aggregate output.
E) the amount of government spending that is absorbed into the domestic economy.
Correct Answer:

Verified
Correct Answer:
Verified
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