Multiple Choice
The figure given below shows the aggregate expenditures function of an economy.
Figure 9.5
-Refer to Figure 9.5. Which of the following statements is true?
A) Autonomous net exports equal the distance between A and C.
B) Autonomous consumption is equal to the distance between A and C.
C) There is a deficit in the merchandise and services account.
D) Exports exceed imports for the country in question.
E) Autonomous consumption is equal to the distance between 0 and C.
Correct Answer:

Verified
Correct Answer:
Verified
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