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  3. Study Set
    Principles of Economics
  4. Exam
    Exam 36: Appendix: Aggregate Expenditure and the Multiplier
  5. Question
    Consumption Is $53 Billion, Investment Is $47
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Consumption Is $53 Billion, Investment Is $47

Question 70

Question 70

Multiple Choice

Consumption is $53 billion, investment is $47.8 billion, government expenditure is $35.5 billion, and the economy has a trade deficit of $19.2 billion. What is aggregate expenditure?


A) $155.5 billion
B) $120 billion
C) $117.1 billion
D) $136.3 billion

Correct Answer:

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